The result was announced after market hours on Friday, 24 May 2013.
Meanwhile, the S&P BSE Sensex was up 103.12 points, or 0.52%, to 19,807.45.
On BSE, 3,905 shares were traded in the counter as against an average daily volume of 35,031 shares in the past one quarter.
The stock hit a high of Rs 590.50 and a low of Rs 586.25 so far during the day. The stock had hit a 52-week high of Rs 617.40 on 18 January 2013. The stock had hit a 52-week low of Rs 431.45 on 31 May 2012.
The stock had outperformed the market over the past one month till 24 May 2013, rising 3.86% compared with the Sensex's 2.74% rise. The scrip had also outperformed the market in past one quarter, rising 6.64% as against Sensex's 2.01% rise.
The large-cap company has an equity capital of Rs 601.13 crore. Face value per share is Rs 10.
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Oil India's net profit rose 4.1% to Rs 3589.34 crore on 0.1% increase in net sales to Rs 9525.23 crore in the year ended March 2013 over the year ended March 2012.
The company reported 4.22% rise in consolidated net profit to Rs 3592.05 crore on 0.3% rise in net sales to Rs 9545.78 crore in the year ended March 2013 over the year ended March 2012.
The board of Oil India has recommended a final dividend of Rs 7 per share to the shareholders of the company for the financial year ended March 2013.
Oil India is a public sector oil and gas company under the administrative control of the Ministry of Petroleum and Natural Gas, Government of India (GoI). The company is engaged in the business of exploration, development and production of crude oil and natural gas, transportation of crude oil and production of liquid petroleum gas. The GoI holds 68.43% stake in Oil India (as per the shareholding pattern as on 31 March 2013).
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