Q1FY21 results: Oil India net profit decline by 96.90 per cent YoY to Rs 26.29 crore
Oil India Limited announced its Q1FY21 results on Aug 21, 2020. The company reported consolidated net sales of Rs 1749.71 crore in Q1FY21, which declined by 48.25 per cent YoY from Rs 3380.87 crore in Q1FY20.
The company posted EBITDA of Rs 181.18 crore in Q1FY21 that decreased by 86.61 per cent YoY. For Q1FY20, it had posted EBITDA of Rs 1353.1 crore. EBITDA margin as of Q1FY21 was at 10.35 per cent that declined by 29.67 per cent YoY. EBITDA margin for Q1FY20 was 40.02 per cent.
The consolidated net profit in Q1FY21 came in at Rs 26.29 crore, which declined by 96.9 per cent, as compared to Q1FY20, when it reported a profit of Rs 847.24 crore. The net profit margin in Q1FY21 came in at 1.5 per cent, which declined by 23.56 per cent YoY. The net profit margin for Q1FY20 was 25.06 per cent.
The share price of the company closed at Rs 99.6, down by 0.15 per cent.
|
Particulars
|
Q1FY21 (Rs in cr)
|
Q1FY20 (Rs in cr)
|
Per cent change
|
|
Net Profit
|
26.29
|
847.24
|
-96.90
|
|
Net Revenue
|
1,749.71
|
3,380.87
|
-48.25
|
|
Operating Profit
|
181.18
|
1,353.10
|
-86.61
|
|
EBITDAM%
|
10.35
|
40.02
|
-29.67
|
|
PATM%
|
1.50
|
25.06
|
-23.56
|