Conference Call with Oil India Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.
Exploration & Production company Oil India announced Q1FY25 results: OIL reported a Profit After Tax (PAT) for Q1FY25 at Rs. 1,466.84 crore with the contribution to the exchequer in the form of Special Additional Excise Duty (SAED) of USD 10.27/bbl in Q1FY25 compared to USD 2.59/bbl in Q1FY24 amounting to Rs.507.75 crore in Q1FY25 vis a vis Rs.113.55 crore in Q1FY24. A provision of Rs. 203.90 crore is kept towards Service Tax/GST on Royalty during Q1FY25. The average Crude Oil price realisation for Q1FY25 stood at USD 84.89/bbl, a 10.46% increase from USD 76.85/bbl for Q1FY24. OIL’s group’s consolidated turnover for Q1FY25 is Rs. 9,350.89 crore, up from Rs. 6,408.76 crore in Q1FY24. The consolidated Profit After Tax for Q1FY25 is Rs.2,016.30 crore, compared to Rs.1,399.49 crore for Q1FY24. Result PDF