Oil India consolidated net profit declines 50.14% in the December 2019 quarter

Sales decline 16.13% to Rs 2957.19 crore

Net profit of Oil India declined 50.14% to Rs 709.39 crore in the quarter ended December 2019 as against Rs 1422.87 crore during the previous quarter ended December 2018. Sales declined 16.13% to Rs 2957.19 crore in the quarter ended December 2019 as against Rs 3525.76 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales2957.193525.76 -16 OPM %37.0043.20 -PBDT1444.642238.98 -35 PBT1012.671858.27 -46 NP709.391422.87 -50

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