Oil India Limited — Board Meeting, 21-05-2025: Outcome of Board Meeting

Oil India Limited has announced a board meeting on the approval of the financial results for the quarter and year ended March 31, 2025. The company reported a consolidated net profit of ₹6,980 Cr and standalone net profit of ₹1,626 Cr for the year, with strong revenue growth driven by crude oil and natural gas. The board proposes a final dividend of ₹1.50 per share. Strategic focus is on expanding renewable energy through a wholly owned subsidiary and a joint venture targeting green power, signaling a clear push beyond traditional oil and gas.