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Oil India reports 44% drop in Q3 consolidated net profit

10 Feb 2025 Evaluate

Oil India has reported results for third quarter ended December 31, 2024 (Q3FY25)

The company has reported 22.88% fall in net profit at Rs 1221.80 crore for Q3FY25 as compared to Rs 1584.28 crore for the same quarter in the previous year. Total income of the company decreased by 14.15% at Rs 5428.29 crore for Q3FY25 as compared to Rs 6323.02 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 44.12% fall in its net profit at Rs 1457.20 crore for the quarter ended December 31, 2024 as compared to Rs 2607.66 crore for the same quarter in the previous year. Total income of the company decreased by 18.29% at Rs 9391.25 crore for Q3FY25 as compared to Rs 11493.10 crore for the corresponding quarter previous year.

Peers
Company Name CMP
ONGC 234.95
Oil India 468.25
Jindal Drilling&Inds 587.95
Deep Industries 777.30
Asian Energy Service 502.50
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