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The Times of India

Business

PTI

Oil India net profit triples on oil, gas price boost

Oil Oil India Ltd New Delhi

NEW DELHI: Oil India Ltd (OIL), the nation's second-largest state explorer, reported a tripling of its net profit in the June quarter on record oil and gas price realisation.

Its net profit was Rs 1,555.46 crore, or Rs 14.34 per share, in April-June compared to Rs 507.94 crore, or Rs 4.68 a share, in the same period a year back, the company said in a statement.

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