Oil India’s Q1 net rises 9%

Oil India has reported results for first quarter ended June 30, 2012.

The company has reported a rise of 9.45% in its net profit at Rs 929.93 crore for the quarter under review as compared to Rs 849.61 crore for the same quarter in the previous year. The total income from operation of the company has increased by 10.28% at Rs 2816.81 crore for Q1FY13 as compared Rs 2554.14 crore for the corresponding quarter previous year.