Oil India FY24 Performance & Outlook

  Published 1 year ago

Oil India reported a slight revenue dip in FY24, with profit before tax falling nearly 20%. Despite this, oil & gas production hit record highs, and substantial capex was utilized. A final dividend of Rs 1.50 per share was announced.

  • Revenue marginally down 0.15% to Rs 5,518.86 crore.
  • Record oil & gas output: 6.71 MTOE.
  • Final dividend of Rs 1.50 per share recommended.

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