Oil India slips on reporting 44% fall in Q4 consolidated net profit
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Oil India is currently trading at Rs. 149.00, down by 0.50 points or 0.33% from its previous closing of Rs. 149.50 on the BSE.
The scrip opened at Rs. 148.65 and has touched a high and low of Rs. 150.55 and Rs. 146.40 respectively. So far 126824 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 153.00 on 16-Jun-2021 and a 52 week low of Rs. 83.10 on 03-Nov-2020.
Last one week high and low of the scrip stood at Rs. 153.00 and Rs. 144.00 respectively. The current market cap of the company is Rs. 16168.48 crore.
The promoters holding in the company stood at 56.66%, while Institutions and Non-Institutions held 26.61% and 16.73% respectively.
Oil India has reported a fall of 8.45% in its net profit at Rs 847.56 crore for the quarter ended March 31, 2021 as compared to Rs 925.64 crore for the same quarter in the previous year. However, total income of the company increased by 9.09% at Rs 3909.61 crore for Q4FY21 as compared Rs 3583.72 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 44.46% in its net profit attributable to owners at Rs 950.48 crore for the quarter ended March 31, 2021 as compared to Rs 1711.36 crore for the same quarter in the previous year. However, total income of the company increased by 35.03% at Rs 7193.40 crore for Q4FY21 as compared Rs 5327.19 crore for the corresponding quarter previous year.
For the year ended March 31, 2021, the company has reported a fall of 32.62% in its net profit at Rs 1741.59 crore as compared to Rs 2584.06 crore for the previous year. Total income of the company decreased by 22.62% at Rs 10561.45 crore for year under review as compared to Rs 13648.71 crore for year ended March 31, 2020.
For the year ended March 31, 2021, on the consolidated basis, the company has reported a fall of 24.96% in its net profit attributable to owners at Rs 3527.84 crore as compared to Rs 4701.11 crore for the previous year. However, total income of the company increased by 7.42% at Rs 23589.72 crore for year under review as compared to Rs 21960.08 crore for year ended March 31, 2020.
