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July 4, 2026
Public Sector News

Oil India FY1819 Q3 net profits Rs. 1233.45 cr

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New Delhi, Feb 12 Oil India Limited reported profit after tax (PAT) for Q3 FY 2018-19 is Rs. 1233.45 crore. This is the highest quarterly profit since listing of the company in September, 2009 and 74.90% higher as compared to PAT of Rs. 705.22 crore during similar quarter last year. The total income for Q3 FY1819 was Rs. 4115.25 cr which was higher compared to Rs. 3065.30 Q3 FY1718.

PAT for 9M FY2018-19 Rs. 2,798.68 crore is 55.36% higher as compared to PAT of Rs. 1,801.43 crore during 9M FY2017-18.

Crude Oil price realisation increased by US$ 17.99/BBL to US$ 70.66 /BBL in 9M FY2018-19 as compared to US$ 52.67/BBL during 9M FY2017-18.

The crude price realisation in INR terms is higher by 45.08% to Rs. 4,927.83/bbl in 9M FY2018-19 as compared to Rs. 3,396.69/bbl during 9M FY2017-18.

Crude Oil production for the 9M FY2018-19 is marginally lower at 2.538 MMT as compared to the crude oil production of 2.562MMT during 9M FY 2017-18.

Natural gas production during 9M FY2018-19 is decreased by 2.85% to 2,162 MMSCM as compared to 2,226 MMSCM during 9M FY2017-18 due to short upliftment by certain consumers.

The company has also declared Interim Dividend of Rs. 8.50 per equity share for FY 2018-19.

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