OIL Records Strong H1 FY25 Growth with ₹4,085.46 Crore PAT; Crude Production Rises 5.5%

New Delhi – In a notable boost to India’s energy sector, Oil India Limited (OIL), one of the country’s esteemed Maharatna Central Public Sector Enterprises (CPSE), has reported impressive growth in both production and financial performance for the first half of fiscal year 2025.

The company’s crude oil production surged by 5.5% to 1.746 million metric tonnes (MMT) in H1 FY25, underlining its consistent growth trajectory. The second quarter alone saw a 4.79% increase, with production totaling 0.875 MMT. OIL’s natural gas output also rose by 3.99%, reaching 1,617 million standard cubic meters (MMSCM), cementing the company’s role in driving India’s path to energy self-reliance.

Financially, OIL recorded a Profit After Tax (PAT) of ₹1,834.07 crore in Q2 FY25, with the half-year PAT standing at ₹3,300.91 crore. The group’s half-year turnover grew substantially to ₹17,486.79 crore, while total PAT for H1 FY25 reached a robust ₹4,085.46 crore. OIL’s Earnings Per Share (EPS) also saw an upward trend, standing at ₹20.29 as of September 30, 2024.

This financial and operational growth underscores OIL’s commitment to India’s energy sector, particularly at a time when the country is prioritizing sustainable and self-reliant energy resources. The company continues to make strides, strengthening its position as a reliable energy leader, boosting both production and profitability.

Stakeholders behind OIL’s success include key figures such as the OIL leadership team, the dedicated workforce, and the communities engaged with OIL’s projects. Their collective effort is crucial in reinforcing the company’s strategic contributions to India’s energy security.