Oil India's revenue fell 8% to Rs 11,535 crore.
Photo Source: Envato
Oil India Ltd.'s profit for the second quarter of fiscal 2026-27 saw a 36% downturn on a sequential basis, according to an exchange filing from the company on Thursday. The oil firm's bottomline in the previous quarter was Rs 3,630 crore. The company's revenue fell 8% to Rs 11,535 crore, from the preceding quarter's Rs 12,503 crore. It declared an interim dividend of Rs 7 per share.
Oil India Q2 Results Highlights (Cons, QoQ)
- Profit Down 36.4% at Rs 2,309 crore vs Rs 3,630 crore QoQ
- Revenue Down 7.5% at Rs 11,535 crore vs Rs 12,503 crore QoQ
- Ebitda Down 31.4% at Rs 3,971 crore vs Rs 5,792 crore QoQ
- Ebitda Margin at 34.4% vs 46.3% QoQ
(This is a developing story.)
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