Riding a higher turnover and increased ancillary income during the just concluded financial year, Oil India Limited (OIL) on Monday declared its annual financial results, where incomes have gone up, and so have profits. For the employees, the company has earmarked Rs 1,026.79 crore from its reserves, which will go out as retirement benefits under the new Employees’ Provident Fund guidelines under a scheme called EPS95, which has been ordered to be made effective by the courts. OIL’s 2018-19 total income stands at Rs 15,170 crore, against Rs 12,140 crore in 2017-18.
OIL earns Rs 15,170 cr in 2018-19
