On segmental front, the company’s revenue from crude oil stood at Rs 3,657.88 crore (down 13.18% YoY), revenue from natural gas was at Rs 1,382.12 crore (down 1.98% YoY), income from pipeline transportation came in at Rs 146.46 crore (up 7.68% YoY), revenue from LPG stood at Rs 34.06 crore (down 17.09% YoY) and income from renewable energy was at Rs 19.14 crore (up 31.55% YoY) during the period under review.

EBITDA shed 11.19% YoY to Rs 2,321.34 crore in the quarter ended 31 December 2024. EBITDA margin improved to 42.76% in Q3 FY25, compared to 41.34% reported in the corresponding quarter previous year.

The company's realised crude oil price stood at $73.82/ bbl in Q3 FY25 as against $84.14/ bbl registered in Q3 FY24.

The firm’s crude oil production increased by 1.4% to 0.868 million metric tons (MMT) in Q3 FY25, as against 0.856 MMT recorded in Q3 FY24.

Natural gas production for Q3 FY25 rose by 0.85% to 0.829 billion cubic meters (BCM), compared to 0.822 BCM reported in Q3 FY24.

Meanwhile, the company's board approved second lnterim dividend of Rs 7 per equity share for the financial year 2024-25. The dividend shall be paid on or before 8 March, 2025 and 17 February 2025 has been fixed as the record date for the same.

Oil India is a state-owned Maharatna under the administrative control of India's Ministry of Petroleum and Natural Gas. As of 31 December 2024, the Government of India held 56.66% stake in the company.

The scrip added 0.01% to close at Rs 424.75 on Friday, 7 February 2025.