Annual Report 2013-2014 of Oil India Limited

It is a broadly described annual report of Oil India Limited in the year of 2013-2014. During the financial year, Total assets of the Company stood at Rs. 34874.45 Crore. The Company has earned the total revenue of Rs. 11,241.34 Crore against Rs. 11,456.32 Crore in the previous year. The Profit before Tax (PBT) earned in FY14 was Rs. 4,410.44 Crore against PBT of Rs. 5,283.23 Crore in the FY13. The Profit after Tax (PAT) was Rs. 2,981.30 Crore in FY14 against Rs. 3,589.34 Crore in FY13, showing a decrease of Rs. 608.04 Crore over the previous year. The Earnings per Share (EPS) of the Company were Rs. 49.59 in 2013-14.

The Board of Directors of the Company was pleased to recommend a final dividend of @5% on the paid-up capital amounting to Rs. 30.06 Crore, subject to the approval of the shareholders at the ensuing Annual General Meeting.