Oil India reports 34% fall in Q1 net profit

Oil India Ltd. | Oil Exploration | Oil & Gas | BSE: 533106 | NSE: OIL

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	232.75
Oil India	477.00
Jindal Drilling&Inds	582.80
Deep Industries	734.55
Aban Offshore	14.20
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