Oil India Board in its 490th Board Meeting held on 28th May, 2018 approved the Q4 & FY 2017-18 results. Details of Q4 & FY 2017-18 results are as follows:
I.
Performance Highlights:
Details
Unit
Q4 2017-18
Q4 2016-17
2017-18
2016-17
A. Financial
Total Income
Rs. Crores
3,784.91
3,308.98
12,140.64
11,191.07
Turnover
Rs. Crores
2,998.44
2,511.89
10,656.47
9,510.39
Net Profit
Rs. Crores
866.50
19.31
2,667.93
1,548.68
Earnings per share
Rs.
7.64
0.16
23.32
13.13
B. Crude Oil Price
Crude Oil RealisationPrice
US$/Barrel
64.93
52.50
55.72
47.36
Rs./Barrel
4,177.98
3,518.03
3,591.57
3,176.44
C. Production
Crude Oil*
MMT
0.832
0.832
3.394
3.277
Natural Gas*
BCM
0.691
0.725
2.894
2.937
Oil + Oil equivalent
MMTOE
1.523
1.557
6.288
6.214
D. Sales
Crude Oil
MMT
0.828
0.802
3.327
3.221
Natural Gas
BCM
0.583
0.591
2.415
2.412
Oil + Oil equivalent
MMTOE
1.411
1.393
5.742
5.633
*includes OIL's production in joint ventures.
II.
Highlights:
Impressive growth of 72.27% in PAT during FY 2017-18 at Rs. 2,667.93 crore as compared to PAT of Rs. 1548.68 crore during 2016-17. For Q4 FY 2017-18, PAT stood at Rs. 866.50 crore as against Rs. 19.31 crore for corresponding period last year
EBITDA Margin 44.4% in FY 2017-18 as compared to 42.7% in FY 2016-17.
Crude Oil production registered a growth of 3.57% in FY 2017-18 to 3.394 MMT as compared to 3.277 MMT during FY2016-17.
Crude Oil price realisation increased by US$ 8.36/BBL to US$ 55.72/BBL in FY 2017-18 as compared to US$ 47.36/BBL during FY 2016-17.
Natural gas price realisation during FY 2017-18 declined to US$ 2.69/MMBTU from US$ 2.78/MMBTU in FY 2016-17.
Company has proposed final dividend of Rs 1 per share for FY 2017-18 on post bonus equity share capital. This is in addition to Interim Dividend of Rs. 14 per share paid earlier on pre-bonus equity share capital.
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Oil India Limited published this content on 28 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 28 May 2018 13:47:01 UTC
Oil India Limited is an India-based integrated exploration and production company in the upstream sector, which is engaged in providing crude oil and natural gas. The Company's segments include Crude Oil, Natural Gas, LPG, Pipeline Transportation, Renewable Energy and Others. It owns and operates an array of facilities and equipment to carry out seismic and geodetic work, two-dimensional (2D) and three-dimensional (3D) data acquisition, processing and analysis, drilling, oil and gas field development and production, liquefied petroleum gas (LPG) production, and pipeline transportation. The Company owns and operates an approximately 1157 kilometers long fully automated crude oil trunk pipeline between Naharkatia-Barauni. The Companyâs in-country operations are spread over the areas in the states of Assam, Arunachal Pradesh, Mizoram, Tripura, Nagaland, Odisha, Andhra Pradesh and Rajasthan, and offshore areas in Andaman, Kerala-Konkan and KG shallow waters.