Annual Report 2016-2017 of Oil India Limited

It is a broadly described annual report of Oil India Limited in the year of 2016-2017. During the financial year, Total assets of the Company stood at Rs. 45339.55 Crore. The Company has earned the total revenue of Rs. 11,191.07 Crore as against Rs. 11,158.63 Crore in FY16. The Profit before Tax (PBT) in FY17 was Rs. 2,146.32 Crore against PBT of Rs. 3,440.57 Crore in FY16. Profit after Tax (PAT) was Rs. 1,548.68 Crore in FY17 against PAT of Rs. 2,301.67 Crore in FY16. The Earnings per Share (EPS) of the Company as on 31^st March 2017 is Rs. 19.32 as compared to Rs. 28.72 at the end of the previous financial year.

The Board of Directors of the Company was pleased to recommend a final dividend @47.50% on the post buyback paid-up capital for the FY 2016-17, subject to the approval of the shareholders at the 58^th Annual General Meeting.

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