Annual Report 2005-2006 of Oil India Limited

It is a broadly described annual report of Oil India Limited in the year of 2005-2006. During the financial year, Total assets of the Company stood at Rs. 688471.39 Crore. The Company posted Profit before Tax at Rs. 267439.77 Lakh represents an increase of 64.77% over the previous year. Profit after Tax at Rs. 168993.07 Lakh represents an increase of 59.17 % over the previous year. The Earnings per Share (EPS) of Rs. 10/- for the year was Rs. 78.97 against Rs. 49.61 in the previous year. The Shareholders’ Funds as of 31^st March 2006 was Rs. 584830.01 Lakh against long-term loans of Rs. 17907.65 Lakh giving a Debt to Equity Ratio of 1:32.66 against 1:21.10 in the previous year.

The Board of Directors of the Company was pleased to recommend a final dividend of @80% on the paid-up capital making the total dividend of @265% (Previous year @160%) for the year 2005-2006.

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