Oil India Limited Q1 FY 2021-22 Profit After Tax at Rs. 507.94 Crore Highlights: The Group Turnover and PAT of Oil India Limited for the Q1 2021-22 have increased to Rs 6,205 crore and Rs 1,215 Crore, respectively. The Company’s Profit After Tax (PAT) in Q1 2021-22 has increased by Rs 756 Crore from loss of Rs 248.61 crore in Q1 2020-21 to Profit of Rs 507.94 crore in Q1 2021-22. EBITDA during similar period also increased by 295% to Rs 1,296.92 crore due to better oil price realization. EPS has increased to Rs 4.68 per share in Q1 2021-22 as compared to negative Rs 2.29 in Q1 2020-21. Crude Oil price realization for Q1 2021–22 was US$ 67.15/bbl vis-à-vis US$ 30.43/bbl for Q1 2020-21. However, there was a reduction in Natural Gas price during Q1 2021-22 by US$ 0.60/MMBTU to US$ 1.79/MMBTU. The Crude Oil and Natural Gas production in Q1 2021–22 improved sequentially by 4.32% and 9.55%, respectively. The company has joined hands in the country’s fight against Covid-19 Pandemic. The company is supporting the cause by providing PSA Oxygen Plants, Oxygen Concentrators, and Cylinders to various states. Additionally, the company has created 100 bed covid care centre and is undertaking wide spread vaccination campaign in its operational areas covering all stakeholders. To encourage excellence in sports, the company has decided to honour Ms. Lovlina Borgohain and Ms. Saikhom Mirabai Chanu with cash award of Rs 25 Lakhs each for their outstanding performance in individual events at Tokyo Olympics. Result PDF