Annual Report 2011-2012 of Oil India Limited

It is a broadly described annual report of Oil India Limited in the year of 2011-2012. During the financial year, Total assets of the Company stood at Rs. 22681.27 Crore. The turnover for 2011-12 is Rs. 9863.23 Crore as compared to Rs. 8320.60 Crore for the corresponding period last year, showing an increase of 18.54%. The profit before tax of the Company increased by 18.28% to Rs. 5,101.86 Crore for fiscal 2012 from Rs. 4,313.20 Crore for fiscal 2011. The Company record Profit after Tax (PAT) of Rs. 3446.92 Crore during the year, a growth of 19.36% over the PAT of the previous year. The Earnings per Share (EPS) had increased to Rs. 57.34 in 2011-12 compared to Rs. 48.04 in 2010-11. The Shareholders’ Funds as of 31^st March 2012 were Rs. 17,721.34 Crore. The Debt: Equity ratio of the company is very healthy at 0.001:1, as against 0.066:1 in the previous year.

The Board of Directors of the Company was pleased to recommend a final dividend of 5 per equity share (@50%) on the post-bonus issue share capital, subject to the approval of the shareholders at the ensuing Annual General Meeting. The total dividend for the year 2011-12 on the pre-bonus issue share capital will be 47.50 (Previous year 37.50) per equity share of Rs. 10/- each.

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