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Oil India's Dec qtr profit drops 17 pc to Rs 411 cr

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Press Trust of India New Delhi
Oil India Ltd, the nation's second-largest state explorer, today reported a 17 per cent drop in December quarter net profit at Rs 410.7 crore.

Net profit in October-December of the previous fiscal was Rs 498.3 crore, the company said in a regulatory filing.

Sales increased to Rs 2,583.75 crore, from Rs 2,489.9 crore for the quarter ended December 2014.

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First Published: Feb 12 2016 | 5:28 PM IST

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