{"id":300446,"date":"2019-11-11T11:58:39","date_gmt":"2019-11-11T06:28:39","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=300446"},"modified":"2019-11-11T12:10:26","modified_gmt":"2019-11-11T06:40:26","slug":"oil-india-net-profit-falls-27-25-to-%e2%82%b9-627-23-crore-in-q2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-india-net-profit-falls-27-25-to-%e2%82%b9-627-23-crore-in-q2\/","title":{"rendered":"Oil India net profit falls 27.25% to \u20b9 627.23 crore in Q2"},"content":{"rendered":"<p>Oil India Limited reported a net profit of \u20b9 627.23 crore for the second quarter of financial year 2019-2020. This is lower than the \u20b9 862.01 crore net profit reported in the corresponding quarter of the previous financial year.<\/p>\n<p>Total income for the period stood at \u20b9 3,481.52 crore, down from \u20b9 4,031.41 crore in the corresponding quarter of the financial year 2018-2019. On a sequential basis, the lower profits and revenue are due to a fall in crude oil prices.<\/p>\n<p>A company statement said that average crude oil price realisation during the second quarter of financial year 2019-2020 was $ 61.30 a barrel which was lower by 16.51 per cent as compared to $ 73.42 per barrel in the corresponding quarter of the previous financial year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil India Limited reported a net profit of \u20b9 627.23 crore for the second quarter of financial year 2019-2020. This is lower than the \u20b9 862.01 crore net profit reported in the corresponding quarter of the previous financial year. Total income for the period stood at \u20b9 3,481.52 crore, down from \u20b9 4,031.41 crore in the corresponding quarter of the financial year 2018-2019. On a sequential basis, the lower profits and revenue are due to a fall in crude oil prices. A company statement said that average crude oil price realisation during the second quarter of financial year 2019-2020 was [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-300446","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/300446","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=300446"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/300446\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=300446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=300446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=300446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}