Annual Report 2009-2010 of Oil India Limited

It is a broadly described annual report of Oil India Limited in the year of 2009-2010. During the financial year, Total assets of the Company stood at Rs. 1482407.74 Crore. Total income of the Company stood at Rs. 6795.45 Crore. Total revenues increased by 8.87% to Rs. 885973 Lakhs in fiscal 2010 from Rs. 813788 Lakhs in fiscal 2009. The profit before tax of the Company increased by 15% to Rs. 389509 Lakhs for fiscal 2010 from Rs. 338697 Lakhs for fiscal 2009. The Company has set a new record of 20.76 % increase in PAT of Rs. 2610.52 Crore compared to the previous year. The Earnings per Share (EPS) had increased to Rs. 113.78 in 2009-10 compared to Rs 101.01 in 2008-09. The Shareholders’ Funds as on 31.03.2010 was Rs. 13763.79 Crore against long-term loan amount of Rs. 37.50 Crore giving a Debt: Equity Ratio of 0.0027:1 against 0.0061:1 in the previous year.

The Board of Directors of the Company was pleased to recommend a final dividend of @160% on the paid-up capital making the total dividend of @340% (Previous year @305%) for the year 2009-2010.

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