Skip to main content

MoneyWorks4Me

Oil India reports 34% fall in Q1 net profit

13 Aug 2013 Evaluate

Oil India has reported results for first quarter ended June 30, 2013.

The company has reported 34.50% fall in its net profit after tax at Rs 609.08 crore for the quarter as compared to Rs 929.93 crore for the same quarter in the previous year. The total income of the company has decreased by 12.68% at Rs 2449.43 crore for quarter under review as compared to Rs 2805.13 crore for the quarter ended June 30, 2012.

Oil India, a Navratna Company, is Asia's oldest and biggest pioneer oil exploration and Production Company.

Peers
Company Name CMP
ONGC 225.40
Oil India 454.00
Jindal Drilling&Inds 509.25
Deep Industries 692.95
Asian Energy Service 439.75
View more..