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Oil India Q2 profit falls 21% to ₹2,259 crore

Negative-66Company event

GreyOak summary

Oil India reported a 21.3% quarter-on-quarter decline in standalone net profit to ₹2,259.42 crore for the September quarter, driven by a contraction in EBITDA margins. The company declared an interim dividend of ₹7 per share.

What it affects

  • Oil IndiaOILNegative -66

    Profit fell 21% to ₹2,259 crore; dividend declared.Rolling sentiment Neutral +6

Source

Read the original at CNBC-TV18

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