Oil India (OIL) has reported another quarter of robust earnings. Q3FY23 EBITDA and PAT were Rs28.7bn and Rs17.5bn, up 2.2x and 40% YoY, respectively, with QoQ performance also up 45% (EBITDA) and 1% (PAT). The result was well above I-Sec’s estimated EBITDA of Rs22.7bn and PAT of Rs15bn.