NewKerala.com

Key Points

Oil India Limited has reported an impressive 10.13% increase in net profit for the financial year 2025, reaching Rs 6,114 crore. The company achieved its highest-ever combined oil and gas production of 6.71 MMTOE, with crude oil output rising 2.95% and natural gas production increasing 2.20%. Petroleum Minister Hardeep Singh Puri praised the company's performance, highlighting its contribution to India's energy security. Despite strong annual results, the company experienced a 22% drop in fourth-quarter net profit due to lower crude prices and operational margins.

Key Points: Oil India Profits Surge 10% to Rs 6,114 Crore in FY25

  • Oil India achieves highest-ever production of 6.71 MMTOE
  • Net profit rises 10.13% to Rs 6,114 crore
  • Crude oil output increases 2.95% to 3.458 MMT
  • Capital expenditure jumps 123% to Rs 8,467 crore
2 min read

Oil India records 10 pc rise in net profit at Rs 6,114 crore for FY25

Government-owned Oil India Limited reports record production and strong financial performance, driven by increased oil and gas output

"India's energy sector PSUs continue to make remarkable contributions to India's journey towards energy security - Hardeep Singh Puri"

New Delhi, May 23

Government-owned Oil India Limited (OIL) reported a 10.13 per cent increase in net profit to Rs 6,114.19 crore for the financial year ended March 31, 2025, driven by record-high oil and gas production.

The upstream oil company achieved its highest-ever total production of 6.71 MMTOE, with crude oil output rising 2.95 per cent to 3.458 MMT and natural gas production increasing 2.20 per cent to 3.252 BCM.

The company said it “has achieved the highest-ever combined oil and gas production of 6.71 MMTOE during FY25. Crude Oil production for the year ended 31 March 2025 increased by 2.95 per cent to 3.458 MMT and the Natural Gas production during FY25 increased by 2.20 per cent to 3.252 BCM and is the highest ever achieved by the company since its inception."

Lauding the company’s performance, Minister of Petroleum and Natural Gas Hardeep Singh Puri said: “India’s energy sector PSUs continue to make remarkable contributions to India’s journey towards energy security under the visionary leadership of PM Narendra Modi. Kudos to Oil India Limited on their exceptional financial performance with a robust 10 per cent growth of Rs 6,114 crore in standalone PAT, and highest-ever production of 6.71 MMTOE.

"An impressive consolidated PAT of Rs 7,039 crore, driven by downstream oil refining subsidiary NRL’s strong Rs 1608 crore profit and $5.14/bbl GRM (gross refining margin (GRM), reflects the company’s strategic strength,” the minister added.

The company’s board has recommended a final dividend of Rs 1.50 per share, in addition to the 100 per cent interim dividend already paid during the year.

Despite the strong annual performance, OIL’s fourth-quarter results reflected pressure from lower crude prices and operational margins. Q4 FY25 net profit dropped 22 per cent to Rs 1,591.48 crore from Rs 2,028.83 crore in the same period last year.

Total income for the quarter stood at Rs 6,182.79 crore, down from Rs 6,589.91 crore in Q4 FY24, while the EBITDA margin declined to 42.83 per cent from 48.09 per cent.

Crude oil price realisation also fell to $74.46 per barrel in FY25 compared to $83.03 in the previous year. The company’s EPS for FY25 stood at Rs 37.59, up from Rs 34.13 in FY24.

OIL significantly ramped up its capital expenditure, recording a 123 per cent jump to Rs 8,467.33 crore.

- IANS

Share this article:

Reader Comments

R
Rahul K.
Great news for India's energy sector! 👏 With our growing economy, we need more such success stories from PSUs. Hope Oil India continues this momentum and reduces our dependence on imported crude. The capex increase shows they're investing in future growth.
P
Priya M.
While the annual profits are good, the Q4 drop is concerning. Why is our oil PSU so vulnerable to global price fluctuations? Shouldn't we have better hedging strategies? Still, highest-ever production is a silver lining.
A
Amit S.
₹1.50 dividend per share seems low compared to the profits. As a small investor, I expected better returns. The company should balance between reinvestment and rewarding shareholders. #InvestorPerspective
N
Neha T.
Good performance but we must ask - how much of this production is from new discoveries versus existing fields? India needs to focus more on exploration to become truly energy secure. The 123% capex increase better be going towards that!
S
Sanjay P.
As someone from Assam where Oil India has major operations, I've seen both benefits and environmental concerns. Hope the profits translate to better CSR activities and sustainable practices in extraction areas. Development shouldn't come at nature's cost.
K
Kavita R.
The GRM of $5.14/bbl is impressive! Shows our refining capabilities are world-class. But with crude prices falling, will this sustain? Maybe time to diversify into renewables while oil is still profitable. #EnergyTransition

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50