Oil India Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 109,126.1 million compared to INR 105,775.8 million a year ago. Revenue was INR 114,931 million compared to INR 107,121.1 million a year ago. Net income was INR 23,471.2 million compared to INR 22,844.1 million a year ago. Basic earnings per share from continuing operations was INR 21.65 compared to INR 21.07 a year ago. Diluted earnings per share from continuing operations was INR 21.65 compared to INR 21.07 a year ago.
For the nine months, sales was INR 261,378.4 million compared to INR 322,617.1 million a year ago. Revenue was INR 272,713.9 million compared to INR 328,214.7 million a year ago. Net income was INR 41,943.8 million compared to INR 69,857.6 million a year ago. Basic earnings per share from continuing operations was INR 38.68 compared to INR 64.42 a year ago. Diluted earnings per share from continuing operations was INR 38.68 compared to INR 64.42 a year ago.