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Oil India reports Q4 net profit down 36%, yet annual profit up 10% with record production.
Oil India Limited (OIL) reported a 36% drop in Q4 net profit to ₹1,497 crore due to lower crude oil and gas prices, though annual net profit rose 10.13% to ₹6,114.19 crore.
Despite a slight dip in Q4 revenue to ₹9,970 crore, OIL achieved record oil and gas production of 6.71 million tonnes of oil equivalent for FY25, with crude oil and natural gas production up 2.95% and 2.2%, respectively.
The board recommended a final dividend of ₹1.50 per share.
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Oil India informa que la ganancia neta del cuarto trimestre bajó un 36%, pero la ganancia anual aumentó un 10% con una producción récord.