DIBRUGARH, Feb 7: Oil India Restricted (OIL), a Maharatna CPSE and a number one vitality firm in India, introduced its Q3 FY25 outcomes on Friday, highlighting continued development in crude oil and pure gasoline manufacturing.
For the 9 months ending December 31, 2024, OIL reported a 4.10% improve in crude oil manufacturing, reaching 2.614 MMT in comparison with 2.511 MMT throughout the identical interval in FY24. Pure gasoline manufacturing additionally rose by 2.90%, totaling 2,446 MMSCM, up from 2,377 MMSCM in FY24.
Pushed by greater crude manufacturing, the corporate recorded a 28.38% rise in Revenue After Tax (PAT), reaching ₹4,522.71 crore in comparison with ₹3,523.02 crore within the corresponding interval final 12 months. The EBITDA margin for Q3 FY25 improved to 42.76% from 41.34% in Q3 FY24.
The group’s cumulative PAT for the 9 months ending December 31, 2024, elevated by 19.26% to ₹5,542.66 crore from ₹4,647.51 crore in FY24.
Based mostly on the monetary efficiency, OIL’s Board really useful an interim dividend of ₹7 per totally paid fairness share, taking the whole interim dividend for FY25 to ₹10 per share. The corporate’s Earnings Per Share (EPS) for the nine-month interval rose to ₹27.80 from ₹21.66 in FY24.
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