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Oil India reports 24% rise in Q2 net profit

14 Nov 2011 Evaluate

Oil India has reported results for the second quarter ended September 30, 2011.

The company’s net profit after tax for the quarter has rose 24.29% at Rs 1138.52 crore as compared to Rs 916.03 crore for the corresponding quarter of the previous year. The company’s total income has increased by 50.11% at Rs 3952.58 crore for the second quarter of the current fiscal from Rs 2633.21 crore for the corresponding quarter of the previous year.

Peers
Company Name CMP
ONGC 232.75
Oil India 477.00
Jindal Drilling&Inds 582.80
Deep Industries 734.55
Aban Offshore 14.20
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