Guwahati, May 22: Oil India Limited (OIL), a Maharatna Central Public Sector Enterprise (CPSE), has reported a 10.13% jump in profit after tax (PAT), driven by its highest-ever oil and gas production in a single financial year.
In its 568th Board meeting held on May 21, the company announced a PAT of ₹6,114.19 crore for the financial year ending March 31, 2025. Earnings Per Share (EPS) rose to ₹37.59, up from ₹34.13 in FY24.
The surge in profits follows record operational performance. Crude oil production rose 2.95% to 3.458 million metric tonnes (MMT), while natural gas output increased by 2.20% to 3.252 billion cubic metres (BCM)—the highest in the company’s history. Combined oil and gas production (O+OEG) hit a new peak at 6.71 million metric tonnes of oil equivalent (MMTOE).
OIL attributed the growth to its sustained focus on maximizing output from its mature and aging fields, reinforcing its commitment to the nation’s energy security.
In a significant financial move, the company also reported a 123% increase in capital expenditure (CAPEX) utilization, reaching ₹8,467.33 crore in FY25.
The Board of Directors recommended a final dividend of ₹1.50 per equity share (face value ₹10), in addition to the 100% interim dividend already paid during the year.
