Oil India Q1 Financial Results 2024
The growth comes on the strength of a 5.3% growth in its crude oil production to 0.820 MMT in Q1 of FY 24
New Delhi: Oil India Limited, accorded Maharatna status recently by the Govt. of India, posted a rise of 3.7% in its Profit after Tax in the first quarter of FY 24 at Rs 1,613.43 crore against Rs 1,555.49 crore in Q1 of last FY.
The growth comes on the strength of a 5.3% growth in its crude oil production to 0.820 MMT in Q1 of FY 24 vis-à-vis 0.729 MMT produced in Q1 of last FY, coupled with lower operating costs.
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