Annual Report 2010-2011 of Oil India Limited

It is a broadly described annual report of Oil India Limited in the year of 2010-2011. During the financial year, Total assets of the Company stood at Rs. 17942.19 Crore. Total revenue increased by 7.78% to Rs. 9549.21 Crores in fiscal 2011 from Rs. 8859.73 Crores in fiscal 2010. The profit before tax of the Company increased by 10.73% to Rs. 4313.20 Crores for fiscal 2011 from Rs. 3895.09 Crores for fiscal 2010. The net profit after tax increased by 10.62% to Rs. 2887.73 Crores for fiscal 2011 from Rs. 2610.52 Crores for fiscal 2010. The Earnings per Share (EPS) had increased to Rs. 120.09 in 2010-11 compared to Rs. 113.78 in 2009-10. The Shareholders’ Funds as of 31^st March 2011 were Rs. 15601.87 Crores against loans of Rs. 1026.79 Crore giving a Debt: Equity Ratio of 0.066:1 against 0.0027:1 in the previous year.

The Board of Directors of the Company was pleased to recommend a final dividend of @195% on the paid-up capital making the total dividend of @375% (Previous year @340%) for the year 2010-2011.

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