{"id":513828,"date":"2022-08-12T11:04:47","date_gmt":"2022-08-12T05:34:47","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=513828"},"modified":"2022-08-12T11:04:47","modified_gmt":"2022-08-12T05:34:47","slug":"oil-india-net-profit-triples-on-oil-gas-price-boost","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-india-net-profit-triples-on-oil-gas-price-boost\/","title":{"rendered":"Oil India net profit triples on oil, gas price boost"},"content":{"rendered":"<p>NEW DELHI: Oil India Ltd (OIL), the nation&#8217;s second-largest state explorer, reported a tripling of its net profit in the June quarter on record oil and gas price realisation.<br \/>\nIts net profit was Rs 1,555.46 crore, or Rs 14.34 per share, in April-June compared to Rs 507.94 crore, or Rs 4.68 a share, in the same period a year back, the company said in a statement.<br \/>\nThe earnings rose as the company got $112.72 per barrel price for crude oil it sold in the quarter as opposed to $67.15 a barrel rate realised in the same period last year. Gas price realisation more than doubled to $6.1 per million British thermal unit from $1.79.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Oil India Ltd (OIL), the nation&#8217;s second-largest state explorer, reported a tripling of its net profit in the June quarter on record oil and gas price realisation. Its net profit was Rs 1,555.46 crore, or Rs 14.34 per share, in April-June compared to Rs 507.94 crore, or Rs 4.68 a share, in the same period a year back, the company said in a statement. The earnings rose as the company got $112.72 per barrel price for crude oil it sold in the quarter as opposed to $67.15 a barrel rate realised in the same period last year. Gas [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,219,137],"tags":[],"class_list":["post-513828","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/513828","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=513828"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/513828\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=513828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=513828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=513828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}