Oil India Q4 earnings: Net profit rises 18%; announces 1:2 bonus share
The consolidated net profit of Rs 2,332.94 crore in January-March -- the fourth quarter of the 2023-24 fiscal year -- compared with Rs 1,979.74 crore earning in the same period of the previous financial year, according to a stock exchange filing by the nation's second biggest state-owned oil and gas producer.
OIL said its board approved issue a 1:2 bonus issue. Image: Pixabay