Oil India’s profit tripled
Oil India triples its net profit
According to the information of Oil India Limited, the net profit of the company has tripled in the quarter ended June and this amount is Rs. 1555.46/- Crore. Last year in this quarter this amount was Rs. 507.94/- Crore.
Crude oil has fetched $112.72 per barrel. The total turnover has doubled to Rs. 6029.86/- Crore. Crude oil production increased by 4% to 0.78 million tonnes.