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Oil India’s consolidated net profit rises 44% in Q1FY25

09 Aug 2024 Evaluate

Oil India has reported results for first quarter ended June 30, 2024 (Q1FY25). 

The company has reported 9.09% fall in net profit at Rs 1,466.84 crore for Q1FY25 as compared to Rs 1,613.43 crore for the same quarter in the previous year. However, total income of the company increased by 20.54% at Rs 6,001.41 crore for Q1FY25 as compared to Rs 4,978.80 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 44.07% rise in its net profit at Rs 2,016.30  crore for the quarter ended June 30, 2024 as compared to Rs 1,399.49 crore for the same quarter in the previous year. Total income of the company increased by 45.66% at Rs 9,581.78 crore for Q1FY25 as compared to Rs 6,578.18 crore for the corresponding quarter previous year.


Peers
Company Name CMP
ONGC 222.70
Oil India 442.15
Jindal Drilling&Inds 586.50
Deep Industries 748.55
Asian Energy Service 465.75
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