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Oil India pays 110% dividend to government

07 Mar 2013 Evaluate

Oil India (OIL) reportedly has paid a total 110% dividend amounting to Rs 518.65 crore to the government of India during the financial year 2012-13. The company paid a total dividend of 190% for the year 2011-12 (adjusted for Bonus).

The company is producing at the rate of around 3.72 MTPA of crude oil and 7.22 MMSCMD of Gas from its fields. Further, the company has exploration and production acreages of over 160,000 square kilometre pan-India and overseas.

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.

Oil India Share Price

470.10 7.80 (1.69%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
ONGC 283.95
Oil India 470.10
Jindal Drilling&Inds 540.15
Deep Industries 476.90
Asian Energy Service 306.05
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