Oil India Q3: Profits Dip, Margins Rise Amidst Revenue Decline

• Oil India Limited reported a mixed Q3 with profits and revenues declining QoQ.
• Consolidated net profit fell 16.4% QoQ to ₹1,195 crore, while revenue edged lower by 0.7% to ₹8,330 crore.
• EBITDA rose 9% QoQ to ₹2,510 crore, improving consolidated EBITDA margin to 30.1% from 27.4%.
• Standalone net profit contracted 22.6% QoQ to ₹808.3 crore, with revenue down 10% to ₹4,916 crore.
• Standalone margins improved to 26.6% from 24.3% despite a marginal EBITDA slip.