Oil India standalone net profit declines 8.44% in the March 2021 quarter

Sales decline 0.39% to Rs 2579.50 crore

Net profit of Oil India declined 8.44% to Rs 847.56 crore in the quarter ended March 2021 as against Rs 925.64 crore during the previous quarter ended March 2020. Sales declined 0.39% to Rs 2579.50 crore in the quarter ended March 2021 as against Rs 2589.56 crore during the previous quarter ended March 2020.

For the full year,net profit declined 32.60% to Rs 1741.59 crore in the year ended March 2021 as against Rs 2584.06 crore during the previous year ended March 2020. Sales declined 28.94% to Rs 8618.38 crore in the year ended March 2021 as against Rs 12128.52 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales2579.502589.56 0 8618.3812128.52 -29 OPM %16.47-42.53 -14.6821.36 - PBDT1627.84-240.00 LP 2709.783611.93 -25 PBT1210.29-492.79 LP 1172.102120.10 -45 NP847.56925.64 -8 1741.592584.06 -33

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