Oil India Q3 PAT down 7.2% YoY, misses estimates
Navratna company Oil India Ltd reported a 7.26 per cent drop in quarterly profit, at Rs 940.29 crore for the quarter ended December 31, 2012.
By ET Online | Updated:
NEW DELHI: Navratna company Oil India Ltd reported a 7.26 per cent drop in quarterly profit, at Rs 940.29 crore for the quarter ended December 31, 2012.
The state-run company reported a net profit of Rs. 1013.98 crore for the quarter ended December 31, 2011, Oil India said in a statement.
Analysts polled by ET Now had forecast the company's net profit for the quarter ended December 31, 2012 at Rs 1,054 crore.
Total Income increased from Rs 2825.54 crore for the quarter ended December 31, 2011 to Rs. 2902.47 crore for the quarter ended December 31, 2012.
The state-run company reported a net profit of Rs. 1013.98 crore for the quarter ended December 31, 2011, Oil India said in a statement.
Analysts polled by ET Now had forecast the company's net profit for the quarter ended December 31, 2012 at Rs 1,054 crore.
Total Income increased from Rs 2825.54 crore for the quarter ended December 31, 2011 to Rs. 2902.47 crore for the quarter ended December 31, 2012.
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