Oil India announced a decline in standalone net profit for the quarter ended March 2015. During the quarter, the profit of the company declined 2.46% to Rs 5,517.20 million from Rs 5,656.20 million in the same quarter last year.
Revenues for the quarter rose 39.79% to Rs 27,129.90 million, compared with Rs 19,408 million for the prior year period.
Earnings per share for the quarter stood at Rs 9.18, registering 2.44% decline over previous year period.
Quarterly Results - Standalone (Rs in mn) |
As at | Mar - 15 | Mar - 14 | %Change |
Revenues | 27,129.90 | 19,408.20 | 39.79 |
Net Profit | 5,517.20 | 5,656.20 | (2.46) |
Diluted EPS | 9.18 | 9.41 | (2.44) |
Shares of the company declined Rs 10.85, or 2.28%, to settle at Rs 465.05. The total volume of shares traded was 76,336 at the BSE (Friday).