{"id":151771,"date":"2023-08-08T09:24:50","date_gmt":"2023-08-08T13:24:50","guid":{"rendered":"https:\/\/44.250.171.167\/?p=151771"},"modified":"2023-08-08T09:24:52","modified_gmt":"2023-08-08T13:24:52","slug":"oil-india-ltd-q1fy24-57-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/oil-india-ltd-q1fy24-57-fall-in-profits\/","title":{"rendered":"Oil India Ltd Q1FY24; 57% fall in Profits"},"content":{"rendered":"\n<p>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&amp;P related services for oil blocks.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Oil India Ltd reported Revenues for Q1FY24 of \u20b96,208.00 Crores down from \u20b910,678.00 Crore year on year, a fall of 41.86%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b94,624.00 Crores down from \u20b96,516.00 Crores year on year, a fall of 29.04%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b91,399.00 Crores down 56.69% from \u20b93,230.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b913.16, down 49.13% from \u20b925.87 in the same quarter of the previous year.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-367.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-367-839x1024.png\" alt=\"\" class=\"wp-image-151772\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-367-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-367-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-367-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-367-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-367.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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&amp;P related services for oil blocks. Financial Results: Oil India Ltd reported Revenues for Q1FY24 of \u20b96,208.00 Crores down from \u20b910,678.00 Crore year on year, a fall [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,5746],"tags":[9172],"class_list":["post-151771","post","type-post","status-publish","format-standard","hentry","category-infographics","category-energy-stocks","tag-oil"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":153495,"url":"https:\/\/alphastreet.com\/india\/oil-103-rise-in-profits\/","url_meta":{"origin":151771,"position":0},"title":"Oil &#038; Natural Gas Corp Ltd Q1FY24; 103% rise in Profits","author":"Karan_Singh","date":"August 14, 2023","format":false,"excerpt":"ONGC is the largest crude oil and natural gas Company in India, contributing around 71 per cent to Indian domestic production. Financial Results: Oil & Natural Gas Corpn Ltd reported Revenues for Q1FY24 of \u20b91,63,824.00 Crores down from \u20b91,82,894.00 Crore year on year, a fall of 10.43%. Total Expenses for\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-937.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-937.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-937.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-937.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-937.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-937.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":149773,"url":"https:\/\/alphastreet.com\/india\/chennai-petroleum-corporation-ltd-q1fy24-77-fall-in-profits\/","url_meta":{"origin":151771,"position":1},"title":"Chennai Petroleum Corporation Ltd Q1FY24; 77% fall in Profits.","author":"Divyansh_Kasana","date":"July 25, 2023","format":false,"excerpt":"Chennai Petroleum Corporation Limited is in the business of refining crude oil to produce & supply various petroleum products and manufacture and sale of lubricating oil additives. Financial Results: Chennai Petroleum Corporation Ltd reported Revenues for Q1FY24 of \u20b914,745.00 Crores down from \u20b923,163.00 Crore year on year, a fall of\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-188.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-188.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-188.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-188.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-188.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-188.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":150025,"url":"https:\/\/alphastreet.com\/india\/bharat-petroleum-corporation-ltd-q1fy24-7-fall-in-revenue\/","url_meta":{"origin":151771,"position":2},"title":"Bharat Petroleum Corporation Ltd Q1FY24; 7% fall in Revenue.","author":"Divyansh_Kasana","date":"July 26, 2023","format":false,"excerpt":"Bharat Petroleum Corporation is a public sector company which is engaged in the business of refining of crude oil and marketing of petroleum products. Financial Results: Bharat Petroleum Corporation Ltd reported Revenues for Q1FY24 of \u20b91,12,985.00 Crores down from \u20b91,21,082.00 Crore year on year, a fall of 6.69%. 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The company is India's first private E&P company and its assets are geographically spread across Tamil Nadu, Maharashtra, Gujarat, Assam\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-950.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-950.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-950.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-950.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-950.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-950.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":150925,"url":"https:\/\/alphastreet.com\/india\/hindustan-petroleum-corporation-ltd-q1fy24-2-fall-in-revenue\/","url_meta":{"origin":151771,"position":4},"title":"Hindustan Petroleum Corporation Ltd Q1FY24; 2% fall in Revenue","author":"Hardik Bhandare","date":"August 2, 2023","format":false,"excerpt":"Hindustan Petroleum Corporation Ltd is mainly engaged in the business of refining of crude oil and marketing of petroleum products, production of hydrocarbons as well as providing services for management of E&P Blocks. 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It is now a subsidiary of Oil & Natural Gas Corporation(ONGC). 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