Oil India Limited Q3FY23; 66% Growth in Profits

Oil India Limited’s revenue in Q3FY23 rose 38% to ₹ 10,581 crores. Consolidated Profit After Tax came at ₹ 2,528 crores in Q3FY23 showcasing a 66% rise on an YoY basis. In this quarter’s results, the reports suggested that the firm has continued to deliver consistent performance in all key operational and financial indicators in Q3Y23.