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Oil India’s Q1FY23 Quarter Results

Oil India reported 86% YoY revenue growth
  • 10 Aug 2022
  • Oil India reported 25% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended June (Q1FY23). On a year-on-year (YoY) basis, it witnessed a growth of 86%.
  • Its expenses for the quarter were up by 32% QoQ and 55% YoY.
  • The net profit increased 28% QoQ and 166% YoY.
  • The earnings per share (EPS) of Oil India stood at 25.9 during Q1FY23.

Oil India’s Financial Statements for Q1FY23:

(Rs, crores) Q1FY22 Q4FY22 Q1FY23 QoQ (%) YoY (%)
Total Income
6,277
9,295
11,645
25%
86%
Total Expenses
4,776
5,591
7,402
32%
55%
Profit before tax
1,678
3,321
4,333
30%
158%
Tax
463
794
1,103
39%
138%
Profit after tax
1,215
2,527
3,230
28%
166%
Earnings per share
9.7
19.5
25.9

Data Source: BSE, Company announcements

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