Q1FY23 Quarterly Result Announced for Oil India Ltd.
Exploration & Production firm Oil India announced Q1FY23 Result : Oil lndia Limited (OlL) has reported 206% increase in Profit After Tax (PAT) during Q1FY23 at Rs.1,555.49 crore from Rs.507.94 crore in Q1FY22. The turnover has increased by 96.36% to Rs.6,029.86 crore during Q1FY23 vis-a-vis Rs.3,070.78 crore in Q1FY22. The Earnings Per Share (EPS) for Q1FY23 also increased to Rs.14.34/share from Rs.4.68/share for Q1FY22. Company realised average crude price of US$ 112.73 / bbl in Q1FY23 vis-a-vis US$ 67.15 / bbl in Q1FY22. Average Natural Gas price for Q1FY23 also increased to US$ 6.10 / MMBTU vis-a-vis US$ 1.79 / MMBTU durins Q1FY22. OIL's group turnover has recorded rise of 86.51% increase to Rs.11,566.93 crore in Q1FY23 from Rs.6,201.88 crore in Q1FY22. Group PAT of Oil Rs.3,230.23 crore from Rs.1,214.65 crore in Q1FY22 Result PDF11-08-2022