{"id":579222,"date":"2023-05-25T10:10:16","date_gmt":"2023-05-25T04:40:16","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=579222"},"modified":"2023-05-25T11:01:28","modified_gmt":"2023-05-25T05:31:28","slug":"oil-india-q4-results-pat-jumps-10-to-rs1788-cr-dividend-rs-5-50-a-share","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-india-q4-results-pat-jumps-10-to-rs1788-cr-dividend-rs-5-50-a-share\/","title":{"rendered":"Oil India Q4 results: PAT jumps 10% to Rs1,788 cr, dividend Rs 5.50 a share"},"content":{"rendered":"<p>Oil India on Wednesday reported a nearly  9.7 per cent jump year-on-year in standalone net profit to Rs 1,788.28 crore for the fourth quarter of FY23 as compared to Rs 1,630.01 crore a year-ago period.<\/p>\n<p>The state-owned oil compnay also witnessed double-digit growth in revenue driven by the natural gas business.<\/p>\n<p>However, sequentially, the company&#8217;s quarterly performance was weak. Compared to December 2023 quarter where PAT stood at Rs 1,746.10 crore, Oil India posted a growth of 2.4 per cent in Q4FY23. <\/p>\n<p>Meanwhile, revenue from operations stood at Rs 5,649.65 crore in Q4FY23, rising by 26.15 per cent from Rs 4,478.61 crore in Q4 of the previous fiscal.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil India on Wednesday reported a nearly 9.7 per cent jump year-on-year in standalone net profit to Rs 1,788.28 crore for the fourth quarter of FY23 as compared to Rs 1,630.01 crore a year-ago period. The state-owned oil compnay also witnessed double-digit growth in revenue driven by the natural gas business. However, sequentially, the company&#8217;s quarterly performance was weak. Compared to December 2023 quarter where PAT stood at Rs 1,746.10 crore, Oil India posted a growth of 2.4 per cent in Q4FY23. Meanwhile, revenue from operations stood at Rs 5,649.65 crore in Q4FY23, rising by 26.15 per cent from Rs [&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-579222","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\/579222","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=579222"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/579222\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=579222"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=579222"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=579222"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}