{"id":2649,"date":"2020-06-27T00:08:13","date_gmt":"2020-06-27T00:08:13","guid":{"rendered":"https:\/\/bengalnewstimes.com\/?p=2649"},"modified":"2020-06-27T00:08:13","modified_gmt":"2020-06-27T00:08:13","slug":"oil-india-records-a-net-profit-of-rs1597cr-in-q4fy20","status":"publish","type":"post","link":"https:\/\/bengalnewstimes.com\/?p=2649","title":{"rendered":"OIL INDIA records a net profit of ~Rs1597cr in Q4FY20"},"content":{"rendered":"

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\n\t\"Quarterly<\/div>\n

OIL INDIA announced its quarterly results on June 26, 2020. Revenue from operations in Q4FY20 stood at Rs2,607.38cr, which declined by 15.82% yoy from Rs3,097.26cr in Q4FY19.<\/p>\n

EBITDA stood at negative Rs477.22cr in Q4FY20 compared to Rs1,182.61cr it posted in Q4FY19. Higher other expenses in Q4FY20 led to such decline in EBITDA. Other expenses has increased from Rs255.27cr in Q4FY19 to Rs1,582.78cr in Q4FY20. EBITDA margin as of Q4FY20 was at -18.3% compared to 38.18% in Q4FY19.<\/p>\n

The net profit in Q4FY20 came in at Rs1597.4cr against a net loss posted by the company in the same quarter last year. The reason for such increase in profit was due to adjustment in tax expenses. The net profit margin in Q4FY20 came in at 61.26% that increased by 63.54% yoy.<\/p>\n\n\n\n\n\n\n\n\n

\n\t\t\t\tParticulars<\/strong><\/td>\n

<\/p>\n
\n\t\t\t\tQ4FY20 (Rs in cr)<\/strong><\/td>\n

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\n\t\t\t\tQ4FY19 (Rs in cr)<\/strong><\/td>\n

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\n\t\t\t\t% VAR<\/strong><\/td>\n


\n\t\t<\/tr>\n


\n\t\t\t\tNet Sales <\/strong><\/td>\n

<\/p>\n
\n\t\t\t\t2,607.38<\/td>\n

<\/p>\n
\n\t\t\t\t3,097.26<\/td>\n

<\/p>\n
\n\t\t\t\t-15.82<\/td>\n


\n\t\t<\/tr>\n


\n\t\t\t\tOperating Profit (-Loss)<\/strong><\/td>\n

<\/p>\n
\n\t\t\t\t-477.22<\/td>\n

<\/p>\n
\n\t\t\t\t1,182.61<\/td>\n

<\/p>\n
\n\t\t\t\t-140.35<\/td>\n


\n\t\t<\/tr>\n


\n\t\t\t\tNet Profit (-Loss)<\/strong><\/td>\n

<\/p>\n
\n\t\t\t\t1,597.40<\/td>\n

<\/p>\n
\n\t\t\t\t-70.59<\/td>\n

<\/p>\n
\n\t\t\t\t–<\/td>\n


\n\t\t<\/tr>\n


\n\t\t\t\tEBITDAM%<\/strong><\/td>\n

<\/p>\n
\n\t\t\t\t-18.3<\/td>\n

<\/p>\n
\n\t\t\t\t38.18<\/td>\n

<\/p>\n
\n\t\t\t\t-56.48<\/td>\n


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\n\t\t\t\tPATM%<\/strong><\/td>\n

<\/p>\n
\n\t\t\t\t61.26<\/td>\n

<\/p>\n
\n\t\t\t\t-2.28<\/td>\n

<\/p>\n
\n\t\t\t\t63.54<\/td>\n


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