Oil India’s Q1FY23 Quarter Results

Oil India reported 86% YoY revenue growth
  • 10 Aug 2022
  • Oil India reported 25% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended June (Q1FY23). On a year-on-year (YoY) basis, it witnessed a growth of 86%.
  • Its expenses for the quarter were up by 32% QoQ and 55% YoY.
  • The net profit increased 28% QoQ and 166% YoY.
  • The earnings per share (EPS) of Oil India stood at 25.9 during Q1FY23.

Oil India’s Financial Statements for Q1FY23:

(Rs, crores) Q1FY22 Q4FY22 Q1FY23 QoQ (%) YoY (%)
Total Income6,2779,29511,64525%86%
Total Expenses4,7765,5917,40232%55%
Profit before tax1,6783,3214,33330%158%
Tax4637941,10339%138%
Profit after tax1,2152,5273,23028%166%
Earnings per share9.719.525.9

Data Source: BSE, Company announcements

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