Oil India Q3 Profit, Earnings Dip; Announces ₹7 Interim Dividend Per Share

• State-owned Oil India Ltd released its Q3 results, showing a decline in profit and earnings.
• Net profit fell to ₹808 crore from ₹1,044 crore QoQ, while earnings dropped to ₹4,916 crore from ₹5,456 crore.
• The decline was attributed to weaker realizations and price pressure.
• Despite lower EBITDA, the operating margin improved from 24.3% to 26.6% due to better cost control.
• The company's board announced an interim dividend of ₹7 per share for investors.