New Delhi, May 21: Oil India Ltd (OIL), a state-owned Maharatna company, reported a 10.13% rise in its profit after tax (PAT) for the financial year ended March 31, 2025, buoyed by record-high crude oil and natural gas production.
The company posted a PAT of ₹6,114.19 crore for FY25, up from ₹5,551.49 crore in the previous year. Earnings per share rose to ₹37.59 from ₹34.13 a year earlier.
OIL achieved its highest-ever combined oil and gas output of 6.71 million metric tonnes of oil equivalent (MMTOE) in FY25. Crude oil production grew 2.95% to 3.458 million metric tonnes (MMT), while natural gas output rose 2.20% to a record 3.252 billion cubic metres (BCM).
The company’s capital expenditure utilisation surged 123% year-on-year to ₹8,467.33 crore, reflecting its intensified investment in upstream operations.
OIL’s board recommended a final dividend of ₹1.50 per share, in addition to the 100% interim dividend already paid during the year.
The results were approved at the company’s 568th board meeting held on Wednesday.
