OIL officials said this translated into ₹6,114.19 crore as profit after tax,” an increase of 10.13% over the last fiscal year. File
GUWAHATI
Oil India Limited (OIL) clocked its highest-ever crude oil and natural gas production in FY25 or the financial year that ended March 31, 2025.
“The crude oil and natural gas production by the Maharatna central public sector enterprise was 2.95% and 2.2% higher than the yield in FY24. OIL officials said this translated into ₹6,114.19 crore as profit after tax,” an increase of 10.13% over the last fiscal year.
“The efforts to ensure the nation’s energy security by sustaining production from its mature and old oilfields helped the company achieve its highest-ever combined oil and gas production of 6.71 million metric tonnes of oil equivalent during FY25,” OIL officials said after the Board of Directors’ meeting on May 21. A statement issued by OIL said the earning per share for FY25 was ₹37.59 compared to ₹34.13 for FY24.
The Board of Directors recommended a final dividend of ₹1.50 per equity share (face value of ₹10). This is in addition to the 100% dividend paid by the company by way of an interim dividend during the year.
Published – May 22, 2025 03:04 pm IST