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Oil India reports 72% rise in Q4 net profit

27 May 2013 Evaluate

Oil India reported results for the fourth quarter and year ended March 31, 2013.

The company has reported a rise of 71.88% in its net profit at Rs 764.55 crore in Q4FY13 as compared to net profit of Rs 444.81 crore in the same quarter previous year. Total income from operation of the company has increased by 37.16% to Rs 2471.75 crore as compared to Rs 1802.12 crore in corresponding quarter last year.

For the year ended March 31, 2013, the company has registered 4.13% rise in its net profit at Rs 3589.34 crore in FY13 as against Rs 3446.92 crore in previous years. Total income from operation of the company has increased to Rs 9947.57 crore as compared to Rs 9863.23 crore in FY12, up by 0.85%.

On consolidated basis, for the year ended March 31, 2013, the company has registered 4.22% rise in its net profit at Rs 3592.05 crore in FY13 as against Rs 3446.46 crore in previous years. Total income from operation of the company has increased to Rs 9968.12 crore as compared to Rs 9863.23 crore in FY12, up by 1.06%.

Oil India Share Price

470.10 7.80 (1.69%)
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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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