Oil India Results

Oil India rallies 7%, hits record high post Q1 results; ONGC surges 4%

Analysts at JM Financial Institutional Securities have maintained their 'Buy' rating on Oil India with a revised target price of Rs 700 per share as risk-reward is still reasonable

Oil India Q1 results: PAT declines 9% to Rs 1,467 cr on higher expenses

Its profit fell 9 per cent year-on-year to Rs 1,467 crore (about $175 million) in the three months ended June 30, falling behind analysts' predicted profit of Rs 1,687 crore, per LSEG data

Stocks to Watch Today, July 30: Tata Steel, GAIL, RVNL, HPCL, PNB Housing

Stocks to watch today, July 30, 2024: GIFT Nifty indicates a lacklustre start for the benchmark equity indices on Tuesday. Here are buzzing stocks to watch during today's trading session

Oil India shares up over 7% as oil stocks hog limelight; ONGC rises 2.2%

Shares of oil exploration & production firms were in the limelight on Thursday, where Oil India climbed over 7 per cent, amid hopes of more focus on domestic exploration and production (E&P). The stock of Oil India jumped 7.55 per cent while Hindustan Oil Exploration Company zoomed 6.42 per cent on the BSE. Shares of Selan Exploration Technology climbed 4.27 per cent and ONGC went up by 2.26 per cent. Oil India and ONGC also hit record-high levels in intra-day trade. Oil Minister Hardeep Singh Puri on Thursday called for stepping up the oil and gas hunt to cut India's reliance on imports and make available fuel in an affordable and sustainable way. Speaking at the Urja Varta conference, he said the exploration and production (E&P) sector is integral in the journey towards energy self-sufficiency, which is critical for sustained economic growth. "E&P offers investment opportunities worth USD 100 billion by 2030," he said. Stating that India's exploration and production .

Stocks to watch on May 21: Oil India, India Cements, Signature Global

Despite tech shares propelling the Nasdaq Composite to record highs, most Asia-Pacific markets saw declines

Oil India's Q2 profit drops 80% to Rs 2,363 cr by litigation charge

Oil India took on charges related to an ongoing litigation over a service tax demand raised in the states of Assam, Arunachal Pradesh and Rajasthan

Oil India Q1 results: Profit rises 3.7% as petroleum product revenue slides

Lower expenses helped oil explorer register profit in Q1 FY24

Oil India Q4 net up 9.7% to Rs 1,789 cr; sees double-digit revenue growth

Sequentially, the company's quarterly net profit rose 2.4%. In the previous quarter, profit after tax had stood at Rs 1,746.10 crore

Oil India Q4 results: PAT jumps 10%, dividend declared Rs 5.50 a share

Revenue from operations stood at Rs 5,649.65 cr in Q4FY23, rising by 26.15% from Rs 4,478.61 cr in Q4 of the previous fiscal

Oil India reports 40% jump in Dec qtr profit on high output, better pricing

State-run explorer Oil India reported a bigger-than-expected 40% jump in third-quarter profit on Friday, aided by increased production and better price realisation

Oil India reports highest-ever profit due to high fuel, gas prices

Net profit at Rs 1,630.01 crore in January-March was almost double of Rs 847.56 crore profit in the same period of last year, OIL Director (Finance) Harish Madhav told reporters

Oil India Q3 net profit jumps 37% to Rs 1,245 cr, total income rises 88%

State-owned Oil India Ltd on Friday reported 37 per cent jump in third quarter net profit as it benefitted from a rise in international oil prices. Net profit of Rs 1,244.90 crore in October-December 2021 is compared with Rs 903.69 crore net profit a year back, the company said in a statement. Total income jumped 88 per cent to Rs 4,705.20 crore in the three-month period ended December 31, 2021. "Average crude oil price realization for Q3 2021-22 is USD 78.59 per barrel as compared to USD 44.09 for Q3 of 2020-21, increase of 78.25 per cent," it said. Also, natural gas price rose to USD 2.90 per million British thermal unit from USD 1.79. While natural gas production rose 18 per cent to 0.793 billion cubic meters in Q3, crude oil production was almost unchanged at 0.75 million tonne. Board of OIL declared a second interim dividend of Rs 5.75 per share for 2021-22 which resulted in total interim dividend till date of Rs 9.25 per share for the fiscal year. For nine months ended Dec

Oil India Q2 net up 38% to Rs 1,454 cr on better crude price realisation

Consolidated total income during the period under review stood at Rs 7,420.13 crore, up from Rs 5,598.55 crore a year ago

Oil India's Q4 profit falls 8% to Rs 847 cr on lower crude production

Turnover rose to Rs 3,909.61 crore in the fourth quarter of 2020-21 fiscal year from Rs 3,583.72 crore a year back

Oil India Q2 net profit drops 42% to Rs 381 crore on blowout expense

Out of Rs 227.51 crore, Rs 134.12 crore has been booked during September quarter.

Oil India posts Q1 loss at Rs 249 crore due to slump in oil prices

Oil India Ltd on Saturday reported a net loss of Rs 249 crore in the first quarter of current fiscal year as compared to a net profit of Rs 625 crore in Q1 FY20

OIL pre-tax profit jumps two-fold in Q4 over reversal of deferred tax

It had reported a pre-tax profit of Rs 89.22 crore in the corresponding period of 2018-19

Oil India Q2 net profit slips 27% to Rs 627 cr, income dips to Rs 3,481 cr

The company realised crude oil at $61.30 per barrel during the September quarter

Oil India Q1 profit falls 9% to Rs 450 cr; beats estimates

Analysts on average had expected the company to post a profit of Rs 430 crore

Oil India net profit drops 95%

This is despite posting highest-ever crude oil production of 3.277 million tonnes