Oil India Limited, a Maharatna PSU and leading player in India’s energy sector, reported a Profit After Tax (PAT) of Rs 4,085.46 crore for the first half of FY25. The group turnover for the same period reached Rs 17,486.79 crore, according to a filing made by the company on Tuesday. For the second quarter of FY25, the company posted a standalone PAT of Rs 1,834.07 crore, with the half-year PAT standing at Rs 3,300.91 crore.
The company achieved notable growth in crude oil and natural gas production. Crude oil output rose by 4.79% in Q2 FY25, reaching 0.875 million metric tonnes (MMT), while production for the first half of FY25 increased by 5.5%, totaling 1.746 MMT. Natural gas production also saw a 3.99% increase, reaching 1,617 million metric standard cubic meters (MMSCM) for the period.
Oil India’s Earnings Per Share (EPS) for the half year ending September 30, 2024, stood at Rs 20.29 per share, reflecting the company’s robust physical and financial performance. This growth underscores Oil India’s commitment to advancing energy self-reliance within India’s energy sector.
