Oil India Limited Q4 results show revenue fell from 10712.11 to 8936.82 crores, a 16.57% decrease in growth. EPS also dropped from ₹21.07 to ₹16.07, down by 16.07%.
First, Let’s Begin with Quarter-on-Quarter Basis:
Oil India Ltd. shared its Q4 results on Wednesday. They earned 8936.82 crores in revenue this quarter, but that’s less than the 10712.11 crores they made last quarter. Unfortunately, the company’s growth decreased by 16.57 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 1742.83 crores, down from 2284.41 crores in the previous quarter. Their quarter-to-quarter growth declined by 23.71 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹16.07, which is a decrease of 23.73% from the ₹21.07 EPS in the previous quarter.
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 41758.29 crores this year (2023), which is 34.04 percent higher than last year’s total revenue of 31153.79 crores.
This year’s PAT (Profit After Tax) is 8728.59 crores, which is also 55.27% higher than last year’s PAT of 5621.62 crores.
The EPS (Earnings Per Share) for this year is ₹80.49, which is 55.27% more than the EPS of ₹51.84 earned last year.
Oil India Share Dividend Announcement / Record Date:
The Board of Directors has declared a Final Dividend of ₹5.50 per Equity Share of Face Value of ₹10 each of the Company (55% of Face Value). Total Dividend for FY23 stood at ₹19.50 per Equity Share (Interim Dividend of ₹10 per Equity Share)
|₹5.50 per Equity Share||Coming Soon|
The record date for the dividend has not arrived yet.
About Oil India Limited:
Oil India Limited (OIL) is a government-owned central public sector undertaking in India. It operates under the ownership of the Ministry of Petroleum and Natural Gas, which oversees its activities. The company’s headquarters is located in Duliajan, Assam.
Download Full PDF Q4 Results: Click Here
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