{"id":383369,"date":"2020-11-10T08:47:03","date_gmt":"2020-11-10T03:17:03","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=383369"},"modified":"2020-11-10T09:28:46","modified_gmt":"2020-11-10T03:58:46","slug":"oil-india-reports-net-profit-of-rs-239-crore-in-september-quarter","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-india-reports-net-profit-of-rs-239-crore-in-september-quarter\/","title":{"rendered":"Oil India reports net profit of Rs 239 crore in September quarter"},"content":{"rendered":"<p>State-owned oil and gas explorer Oil India Ltd (OIL) on Monday reported a net profit of Rs 238.95 crore during Q2 of FY21 202 as against the reported net loss of Rs 248.61 crore during Q1 of FY21. <\/p>\n<p>On a YoY basis, the Q2 net profit of the company, however, saw wide erosion dropping by almost 62 per cent from a level of Rs 627.23 crore in the July-September quarter of FY20. <\/p>\n<p>The company&#8217;s EBIDTA for Q2 FY 21 improved to Rs 848.48 crore as against Rs 327.76 crore during Q1 of current fiscal. The EBIDTA during Q2 2019-20 was Rs 1,510.76 crore. <\/p>\n<p>EBIDTA margin reduced to 37.21 per cent in Q2 2020-21 from 43.39 per cent in Q2 2019-20.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-owned oil and gas explorer Oil India Ltd (OIL) on Monday reported a net profit of Rs 238.95 crore during Q2 of FY21 202 as against the reported net loss of Rs 248.61 crore during Q1 of FY21. On a YoY basis, the Q2 net profit of the company, however, saw wide erosion dropping by almost 62 per cent from a level of Rs 627.23 crore in the July-September quarter of FY20. The company&#8217;s EBIDTA for Q2 FY 21 improved to Rs 848.48 crore as against Rs 327.76 crore during Q1 of current fiscal. The EBIDTA during Q2 2019-20 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":[135,130,169],"tags":[],"class_list":["post-383369","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/383369","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=383369"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/383369\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=383369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=383369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=383369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}