Annual Report 2008-2009 of Oil India Limited

It is a broadly described annual report of Oil India Limited in the year of 2008-2009. During the financial year, Total assets of the Company stood at Rs. 1028875.32 Crore. Total income of the Company stood at Rs. 6795.45 Crore. Total revenues increased by 19.75% to Rs. 813788 Lakhs in financial year 2008-09 from Rs. 679546 Lakhs in financial year 2007-08. Profit before tax increased by 24.82% to Rs. 338697 Lakhs in financial year 2008-09 from Rs. 271340 Lakhs in financial year 2007-08. Net profit after tax increased by 20.84% to Rs. 216168 Lakhs for financial year 2008-09 from Rs. 178893 Lakhs for financial year 2007-08. The Earning per Share (EPS) had increased to Rs. 101.01 in 2008-09 compared to Rs. 83.59 in 2007-08. The Shareholders’ Fund as on 31^st March 2009 was Rs. 9331.02 Crore against long-term loan amount of Rs. 56.45 Crore giving a Debt-Equity Rates of 1:173.04 against 1:113.33 in the previous year.

The Board of Directors of the Company was pleased to recommend a final dividend of @155% on the paid-up capital making the total dividend of @305% (Previous year @275%) for the financial year 2008-2009.

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