Oil India ‘s Q3 2024-25 Latest News: Revenue Dropped by 16.71% YoY

Today, we’re looking at Oil India Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -16.71 %. However, it did see a marginal increase of 11.72 % from the previous quarter. Expenses ticked up slightly by 38.97 % quarter-on-quarter, aligning with the annual decline of -12.35 %. Operating profit, while down -26.17 % compared to last year, faced a quarter-on-quarter increase of 0.25 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -3.58 %, but a shrinkage of -7.02 % sequentially. Other income fell by -59.77 % compared to the last quarter, despite an annual decline of -47.83 %. Interest expenses surged remarkably by 8.66 % from the previous quarter, yet the year-over-year increase remains at a moderate 28.58 %. Depreciation costs climbed by 2.69 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 8.3 %. Profit before tax declined annually by -40.29 % but saw a reduction from the preceding quarter by -20.13 %.
Tax expenses as a percentage of profits increased slightly by 1.86 % compared to last year, with a more notable quarter-on-quarter decrease of -0.81 %. Net profit fell by -44.12 % year-on-year but witnessed a -29.58 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -42.97 % but a quarterly fall of -33.63 %. In summary, Oil India Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Oil India Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -16.71 % year-on-year, however, there was a minor increase of 11.72 % from the previous quarter. Expenses decreased by -12.35 % compared to the previous year, with a 38.97 % increase quarter-on-quarter. Operating Profit dropped by -26.17 % annually, and saw a 0.25 % increase from the last quarter.
Net Profit showed yearly decrease of -44.12 %, and experienced a -29.58 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -42.97 % annually, however dipped by -33.63 % compared to the last quarter. In essence, while Oil India Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.