Oil India Q2 net profit slips 27% to Rs 627 crore

NEW DELHI: State-owned Oil India LtdNSE -1.15 % on Saturday reported a 27.2 per cent drop in its net profit at Rs 627.23 crore in the second quarter ended September 2019.

The company had registered a net profit of Rs 862.01 crore in the corresponding period of the previous fiscal.

Total income fell to Rs 3,481.52 crore during Q2 FY20 from Rs 4,031.41 crore in same period of FY19, Oil India said in a regulatory filing.

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