Oil India’s Q2FY24 Quarter Results
Oil India reported 40% QoQ revenue growth
- 09 Nov 2023
- Oil India reported 40% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended Sept (Q2FY24). On a year-on-year (YoY) basis, it witnessed de-growth of 12%.
- Its expenses for the quarter were up by 26% QoQ and down 26% YoY.
- The net profit decreased 54% QoQ and 70% YoY.
- The earnings per share (EPS) of Oil India stood at 3.9 during Q2FY24.
Oil India’s Financial Statements for Q2FY24:
| (Rs crores) | Q2FY23 | Q1FY24 | Q2FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total income | 10,464 | 6,578 | 9,200 | 40% | -12% |
Total expenses | 8,189 | 4,824 | 6,071 | 26% | -26% |
Profit before tax | 2,662 | 1,843 | 708 | -62% | -73% |
Tax | 546 | 444 | 68 | -85% | -88% |
Profit after tax | 2,116 | 1,399 | 640 | -54% | -70% |
Earnings per share | 17.5 | 13.2 | 3.9 |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
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