Oil India Q3 Profit Drops 33%, Shares Decline Amid Lower Realizations

Unknown Apr 02, 2026 1,350 Views

State-run Oil India Limited reported a sharp 33.4% decline in standalone net profit for Q3 FY25, amounting to ₹1,222 crore, compared to ₹1,834 crore in the previous quarter. Revenue also fell 5.1% sequentially to ₹5,239.6 crore, driven by an 8% drop in crude oil sales. Lower crude price realizati...

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