Oil India Limited (OIL), a Maharatna CPSE and leading energy company in India has demonstrated continued momentum in crude oil and natural gas production byrecording 4.79% rise in crude oil output for Q2 FY25, achieving 0.875 MMT. The Crude Oil production for the half-year FY25 increased by 5.5% to 1.746 MMT while Natural gas production also grew by 3.99%, reaching 1,617 MMSCM during the period.
The Company posted Profit After Tax (PAT) of ₹1,834.07 crore for Q2 FY25 while PAT for the half year ended 30th September 2024 is recorded at ₹3,300.91 crore. Additionally, OIL’s group turnover for the half-year FY25 increased to₹17,486.79 crore and PAT is recorded at₹4,085.46 crore.
OIL’s Earnings Per Share (EPS) for the half year ending September 30, 2024, stands at ₹20.29/share.
The substantial growth in OIL’s physical & financial performance showcases OIL’s strong performance and its commitmentto Energy Self-reliance in India’s energy sector.
