Oil India has reported results for third quarter ended December 31, 2012.
The company has reported 7.27% fall in its net profit at Rs 940.29 crore for the quarter as compared to Rs 1013.98 crore for the same quarter in the previous year. However, total income from operation of the company has increased by 2.73% at Rs 2902.47 crore for quarter under review as compared to Rs 2825.54 crore for the quarter ended December 31, 2011.
Oil India, a Navratna Company, is Asia's oldest and biggest pioneer oil exploration and Production Company. NTPC is the largest power generating company in the country. It has also diversified into hydro power, coal mining, power equipment manufacturing, oil & gas exploration, power trading & distribution.
