Exploration & Production company Oil India announced Q4FY23 & FY23 results: Highest-ever net profit since the company’s inception at Rs 6,810.40 crore, a surge of 75.20% YoY on the back of higher operating income and growth in oil & gas production. During the last fiscal, the company also reported the highest-ever pipeline throughput of 8.19 MMT The company also recorded the highest-ever turnover of Rs 23,272.57 crore, a rise of 60.17% YoY The earnings per share (EPS) of the company increased to Rs 62.80/share vs Rs 35.85/share in FY22 OIL Board has declared the final dividend of Rs 5.50 per share with a total dividend of Rs 20/share (face value Rs 10) for FY23 As for Q4FY23, the company equally reported improved financial & physical performance over Q4FY22, with turnover growth of 26.15% and PAT increase of 9.71%. Crude Oil and Natural Gas production also have shown growth of 6.95% and 6.27% respectively in Q4FY23 YoY With NRL being a group company of OIL, the company recorded its highest ever consolidated profit after tax of Rs 9,854.39 crore, a growth of 46.66% YoY and a highest ever consolidated turnover of Rs 41,038.94 crore for the fiscal, an increase of 36.75% YoY Result PDF