Oil India Q2 Results: Profit rises five-fold to Rs 1,834 crore, revenue declines 7%

The company’s revenue declined 7% year-on-year to Rs 5,519 crore in the July-September period. Profit before exceptional items and tax fell 10% to Rs 2,305 crore for the quarter. The company had provided for an exceptional item of Rs 2,363 crore in the year-ago quarter.

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