State-run explorer Oil India reported a third-quarter profit that missed analysts' estimates on Friday, as lower selling prices outweighed buoyant demand in the world's third-biggest oil consumer.
Oil India Limited shared the Q3 results for the Financial year 2025. On Friday, February 7, Oil India reported that its net profit for the third quarter of the 2024–25 fiscal year (Q3 FY25) was ₹1,221 ...
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The petroleum business company's net profit declined 22.88% to Rs 1,221.80 crore on 1.58% slide in revenue from operations (excluding excise duty) to Rs 5,239.58 crore in Q3 FY25 over in Q3 FY24.
Oil India's revenue fell 9.89% to ₹5,239.6 crore against ₹5,815.02 crore in Q3 FY24. Shares of Oil India Ltd ended at ₹424.75, up by ₹0.050, or 0.012%, on the BSE.
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