Oil India Limited — Updates, 07-02-2025: Press Release

Oil India Limited continues its positive growth trajectory with key financial highlights for the quarter and nine months ended December 31. The company reported a 4.10% increase in crude oil production, reaching 2.614 MMT, and a 2.90% rise in natural gas production, totaling 2,446 MMSCM. Consequently, the profit after tax (PAT) surged by 28.38% to ₹4,522.71 crore from ₹3,523.02 crore year-on-year. EBITDA margin improved to 42.76%, up from 41.34% in the prior year. The group PAT for the nine-month period increased by 19.26% to ₹5,542.66 crore. The board has approved an interim dividend of ₹7 per equity share, adding to the total interim dividend of ₹10 per share declared for the fiscal year. Earnings per share for the nine months grew to ₹27.80 from ₹21.66. Overall, the strong production and financial performance indicate a robust outlook for Oil India, with potential growth opportunities ahead.