Oil India Q3 Results nse bse

State-owned Oil India Ltd (OIL) reported a 23 per cent driblet successful its third-quarter nett net arsenic the terms of crude lipid produced and sold fell.

Net nett was Rs 1,221.80 crore successful October-December 2024 - the 3rd 4th of April 2024 to March 2025 fiscal (FY25) - compared with Rs 1,584.28 crore earning a twelvemonth back, according to a institution statement.

The nation's second-largest state-owned lipid and state shaper got USD 73.82 for each tube of lipid produced and sold arsenic against USD 84.14 per tube realisation successful October-December 2023.

EBITDA came little astatine Rs 2,321.34 crore successful Q3 erstwhile compared with Rs 2,613.75 crore of the erstwhile year. Lower lipid prices led to turnover slipping to Rs 5,239.66 crore from Rs 5,815.02 crore successful Q3 of FY24.

The company's lipid and state accumulation was astir unchanged astatine 0.868 cardinal tonnes and 0.829 cardinal cubic meters respectively successful October-December 2024. For the archetypal 9 months of the existent fiscal, nett net roseate 28 per cent to Rs 4,522.71 crore.

"For NINE months ending December 31, 2024, the institution registered a cumulative hike of 4.10 per cent successful its crude accumulation which accrued to 2.614 cardinal tonnes from 2.511 cardinal tonnes produced successful the corresponding play of FY24," the connection said. "The institution besides registered a surge of 2.90 per cent successful its cumulative state accumulation by extremity of Q3 FY25 to 2,446 cardinal modular cubic meters from 2,377 mmscmd registered during the corresponding play of FY24.

OIL Board recommended an interim dividend of Rs 7 per share. With this, the full interim dividend declared by the institution till Q3, FY25 is Rs 10 per share.