Net profit of Oil India rose 22.83% to Rs 2140.72 crore in the quarter ended March 2024 as against Rs 1742.83 crore during the previous quarter ended March 2023. Sales rose 16.50% to Rs 9147.01 crore in the quarter ended March 2024 as against Rs 7851.78 crore during the previous quarter ended March 2023.For the full year,net profit declined 27.42% to Rs 6335.10 crore in the year ended March 2024 as against Rs 8728.59 crore during the previous year ended March 2023. Sales declined 10.03% to Rs 32466.03 crore in the year ended March 2024 as against Rs 36084.42 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales9147.017851.78 16 32466.0336084.42 -10 OPM %35.6542.07 -38.5142.28 - PBDT3595.363322.57 8 13340.4515090.82 -12 PBT3019.082884.85 5 11211.4713143.88 -15 NP2140.721742.83 23 6335.108728.59 -27 Powered by Capital Market - Live News

Oil India announced that the Board of Directors of the Company at its meeting held on 20 May 2024, inter alia, have recommended the final dividend of Rs 3.75 per equity Share (i.e. 37.5%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

The Board of Oil India will meet on 20 May 2024 to consider a proposal for issue of bonus shares. Powered by Capital Market - Live News

Oil India will hold a meeting of the Board of Directors of the Company on 20 May 2024Powered by Capital Market - Live News

Oil India announced that an incident of leakage was reported at the X-Mass Tree of well no. BGN#24, located at Dighaltarang Tea Estate, Tinsukia District in Assam at around 11:30 pm on 09 April 2024.OIL personal rushed to the site and controlled the leak at around 2:20 am today. The District Administration was informed and officials from the Administration was present at site to assess and address the situation. Proactively, fire service was mobilised, and fire service crew is kept stand by. Upon examination, a hole was observed on the flow path from the X-mass tree and the same is under investigation. Gas and crude oil had spread out over nearby areas located within approximately 100 m from the wellsite. An on-site assessment team of OIL is formed to assess the affected areas immediately. The OIL team is taking up measures for remediation of the affected area. An internal enquiry is being conducted for a thorough investigation and OIL reassures that the well is in completely cntrolled & closed condition and there is no point of panic for the same. Powered by Capital Market - Live News