Oil India’s Q2FY24 Quarter Results
- 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)
Total income
Q2FY23
10,464
Q1FY24
6,578
Q2FY24
9,200
QoQ (%)
40%
YoY (%)
-12%
(Rs crores)
Total expenses
Q2FY23
8,189
Q1FY24
4,824
Q2FY24
6,071
QoQ (%)
26%
YoY (%)
-26%
(Rs crores)
Profit before tax
Q2FY23
2,662
Q1FY24
1,843
Q2FY24
708
QoQ (%)
-62%
YoY (%)
-73%
(Rs crores)
Tax
Q2FY23
546
Q1FY24
444
Q2FY24
68
QoQ (%)
-85%
YoY (%)
-88%
(Rs crores)
Profit after tax
Q2FY23
2,116
Q1FY24
1,399
Q2FY24
640
QoQ (%)
-54%
YoY (%)
-70%
(Rs crores)
Earnings per share
Q2FY23
17.5
Q1FY24
13.2
Q2FY24
3.9
QoQ (%)
YoY (%)
| (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
