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Oil India Ltd Q3FY24; 3% rise in Profits

Oil India Ltd is engaged in exploration, development and production of crude oil and natural gas, transportation of crude oil and production of LPG. It also provides various E&P related services for oil blocks.

Financial Results:

Oil India Ltd reported Revenues for Q3FY24 of ₹9,614.00 Crores up from ₹9,302.00 Crore year on year, a rise of 3.35%.

Total Expenses for Q3FY24 of ₹6,983.00 Crores up from ₹6,170.00 Crores year on year, a rise of 13.18%.

Consolidated Net Profit of ₹2,608.00 Crores up 3.12% from ₹2,529.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹21.64, up 2.71% from ₹21.07 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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