Oil India Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 91,470.1 million compared to INR 78,517.8 million a year ago. Revenue was INR 103,750.9 million compared to INR 89,368.2 million a year ago. Net income was INR 21,407.2 million compared to INR 17,428.3 million a year ago. Basic earnings per share from continuing operations was INR 13.16 compared to INR 10.7133 a year ago.
For the full year, sales was INR 324,660.3 million compared to INR 360,844.2 million a year ago. Revenue was INR 376,464.8 million compared to INR 417,582.9 million a year ago. Net income was INR 63,351 million compared to INR 87,285.9 million a year ago. Basic earnings per share from continuing operations was INR 38.9467 compared to INR 53.66 a year ago.