Oil India Limited (OIL), a Navratna company, is the second largest national oil and gas company in India and a state-owned firm of the Government of India.
Oil India Limited (OIL), a Navratna company, is the second largest national oil and gas company in India and a state-owned firm of the Government of India. OIL is administered by the Ministry of Petroleum and Natural Gas. Today, the firm announced its Q3 financial results and a 100% dividend to its eligible shareholders.
Oil India in a stock exchange filing today said the board of directors has "declared a second interim dividend of Rs. 10/- per share (100% of the paid-up capital) for the financial year 2022. 23. Declared interim dividend to be paid March 12, 2023. Entitlement of shareholders for payment of second interim dividend 2022-23."
On a consolidated basis, Oil India earned revenue of ₹10,580.55 crore in Q3FY23 as compared to ₹7685.49 crore in the previous year quarter, showing a growth of 37.66%. The company reported a net expense of ₹7176.74 crore in the quarter ended December 2022 as compared to ₹6243.90 crore in the quarter ending December 2021, representing a growth of 15%.
Oil India posted a Profit Before Tax (PBT) of ₹3264.01 Crore in Q3FY23 as compared to ₹2134.01 Crore in Q3FY22, representing a YoY growth of 52.95%. While the company's net profit reached ₹2284.41 crore in Q3FY23 as against ₹1297.79 crore in the year-ago quarter, representing a growth of 76%. Oil India's EPS reached Rs.21.07 in Q3FY23 as against Rs.11.97 in Q3FY22.
On segment-wise revenue breakup, in Q3FY23, the company reported revenue from crude oil business at ₹3,985.91 Cr as against ₹3,056.12 Cr in Q3FY22, while its revenue from natural gas stood at ₹1,660.27 Cr as against ₹513.92 Cr in Q3FY23 Was. Q3FY22. Refinery products revenue stood at ₹7,635.73 Cr in Q3FY23 as against ₹5,965.78 Cr in Q3FY22, while its revenue from LPG business reached ₹48.08 Cr in Q3FY23 as against 59.30 Cr in the year-ago quarter. Meanwhile, revenue from pipeline transportation stood at ₹163.14 crore in Q3FY2023, as against ₹88.12 crore in the year-ago quarter, while its revenue from renewable energy reached ₹19.04 crore in the quarter ended December 2022 , which was ₹23.54 crore in the previous quarter. Year.
No comments:
Post a Comment