{"id":421664,"date":"2021-06-22T08:50:13","date_gmt":"2021-06-22T03:20:13","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=421664"},"modified":"2021-06-22T10:28:59","modified_gmt":"2021-06-22T04:58:59","slug":"oil-indias-q4-profit-falls-8-to-rs-847-cr-on-lower-crude-production","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-indias-q4-profit-falls-8-to-rs-847-cr-on-lower-crude-production\/","title":{"rendered":"Oil India&#8217;s Q4 profit falls 8% to Rs 847 cr on lower crude production"},"content":{"rendered":"<p>Oil India Ltd, the nation&#8217;s second-largest state oil explorer, on Monday reported 8 per cent drop in March quarter net profit on lower crude oil production.<\/p>\n<p>Net profit in January-March 2021 at Rs 847.56 crore, or Rs 7.82 per share, was lower than Rs 925.65 crore, or Rs 8.54 a share, profit in the same period a year back, the company said in a statement. <\/p>\n<p>The firm got USD 59.80 for every barrel of crude oil in the quarter, up from USD 5.18 a year back. But oil production fell by 5.28 per cent to 0.72 million tonne in January-March 2021.<\/p>\n<p>Gas output was almost flat at 0.649 billion cubic meters.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil India Ltd, the nation&#8217;s second-largest state oil explorer, on Monday reported 8 per cent drop in March quarter net profit on lower crude oil production. Net profit in January-March 2021 at Rs 847.56 crore, or Rs 7.82 per share, was lower than Rs 925.65 crore, or Rs 8.54 a share, profit in the same period a year back, the company said in a statement. The firm got USD 59.80 for every barrel of crude oil in the quarter, up from USD 5.18 a year back. But oil production fell by 5.28 per cent to 0.72 million tonne in January-March [&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-421664","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\/421664","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=421664"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/421664\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=421664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=421664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=421664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}