Oil India net profit more the doubles on better realisations, higher output
Crude oil production from the company’s mature and ageing oilfields rose 20% to 1.021 million metric tonnes (MMT), providing a boost to its operational performance. State-owned Oil India Ltd’s standalone net profit more than doubled year-on-year (YoY) to ₹2,259 crore for the September quarter, aided by improved price realisations and higher crude oil production. The…
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