Oil India Ltd.'s consolidated 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. The company declared an interim dividend of Rs 7 per share.
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The earnings before interest, taxes depreciation and amortisation declined 31% to Rs 3,971 crore, compared to Rs 5,972 crore in the preceding quarter. The Ebitda margin was contracted to 34.4% from 46.3% on a quarter-on-quarter basis.
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Oil India Q2 Results Highlights (Cons, QoQ)
- Profit Down 36.4% at Rs 2,309 crore vs Rs 3,630 crore
- Revenue Down 7.5% at Rs 11,535 crore vs Rs 12,503 crore
- Ebitda Down 31.4% at Rs 3,971 crore vs Rs 5,792 crore
- Ebitda Margin at 34.4% vs 46.3%
Oil India Share Price Movement
Oil India's share price saw a 1.30% downturn to settle at Rs 440, at the end of the day's trade, compared to a 0.18% uptick of the NSE Nifty 50.
The stock opened at Rs 445.90, compared to its previous close of Rs 445.80. During today's trading session, Oil India Ltd. share price moved in the range of Rs 435.75 to Rs 446.00.
Looking at its last 52-week performance, the stock has touched a low of Rs 395.60 and a high of Rs 531.00. On the performance front, Oil India Ltd. share price is down 0.26% on a year-on-year basis.
The market capitalization of Oil India Ltd. is Rs 65,568.56 crore, with a P/E ratio of 9.75.
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