Did Oil India Achieve a 10% Increase in Net Profit at Rs 6,114 Crore for FY25?
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Synopsis
Oil India Limited has achieved a remarkable financial milestone with a 10.13% net profit growth for FY25, reaching Rs 6,114.19 crore due to record-breaking production levels in oil and gas. The company's performance reflects its strategic strengths amidst fluctuating market conditions.
Key Takeaways
- 10.13% increase in net profit for FY25.
- Record-high total production of 6.71 MMTOE.
- Crude oil output up by 2.95% to 3.458 MMT.
- Natural gas production increased by 2.20% to 3.252 BCM.
- Proposed final dividend of Rs 1.50 per share.
New Delhi, May 23 (NationPress) Government-owned Oil India Limited (OIL) has announced a remarkable 10.13% rise in net profit, reaching Rs 6,114.19 crore for the financial year concluding on March 31, 2025, a milestone attributed to unprecedented oil and gas production.
The upstream oil entity recorded its highest total production ever at 6.71 MMTOE, with crude oil output climbing by 2.95% to 3.458 MMT and natural gas production rising by 2.20% to 3.252 BCM.
The company proudly declared, "We have achieved the highest-ever combined oil and gas production of 6.71 MMTOE during FY25. Crude oil production for the year ending March 31, 2025, surged by 2.95% to 3.458 MMT, and natural gas output increased by 2.20% to 3.252 BCM, marking the highest in our history.
Praising the company's performance, Minister of Petroleum and Natural Gas Hardeep Singh Puri stated, "India's energy sector PSUs are making significant contributions to India's journey towards energy security under the visionary leadership of PM Narendra Modi. Congratulations to Oil India Limited for their outstanding financial performance, showcasing robust growth of 10% with a profit of Rs 6,114 crore and highest-ever production of 6.71 MMTOE.
He also highlighted an impressive consolidated profit of Rs 7,039 crore, bolstered by the downstream oil refining subsidiary NRL's strong profit of Rs 1,608 crore and a gross refining margin (GRM) of $5.14/bbl, which illustrates the company's strategic resilience.
The board has proposed a final dividend of Rs 1.50 per share, in addition to the 100% interim dividend already distributed during the fiscal year.
Despite this strong annual performance, OIL's fourth-quarter results showed pressures from declining crude prices and operational margins. In Q4 FY25, net profit fell by 22% to Rs 1,591.48 crore, down from Rs 2,028.83 crore in the same period last year.
Total income for the quarter was Rs 6,182.79 crore, a drop from Rs 6,589.91 crore in Q4 FY24, while the EBITDA margin declined to 42.83% from 48.09%.
Crude oil price realizations decreased to $74.46 per barrel in FY25, down from $83.03 in the previous year. The company's EPS for FY25 was Rs 37.59, up from Rs 34.13 in FY24.
OIL also significantly increased its capital expenditure, achieving a remarkable 123% surge to Rs 8,467.33 crore.
Point of View
I believe that Oil India's performance underscores the resilience and potential of India's energy sector. The strategic focus on maximizing production while navigating market challenges demonstrates the company's commitment to contributing to national energy security. Such growth is essential for India's economic progress and energy independence.
NationPress
27/07/2025
Frequently Asked Questions
What is the net profit of Oil India Limited for FY25?
Oil India Limited reported a net profit of Rs 6,114.19 crore for FY25, reflecting a 10.13% increase.
What factors contributed to OIL's profit increase?
The increase in net profit was driven by record-high oil and gas production, achieving a total output of 6.71 MMTOE.
What is the dividend recommendation from Oil India?
The board of Oil India has recommended a final dividend of Rs 1.50 per share, in addition to the 100% interim dividend already paid.
How did OIL perform in Q4 FY25?
In Q4 FY25, Oil India's net profit decreased by 22% to Rs 1,591.48 crore compared to the previous year.
What was the capital expenditure for OIL in FY25?
Oil India significantly ramped up its capital expenditure, noting a 123% increase to Rs 8,467.33 crore.
