Oil India's net profit down 33% in June quarter
State-run Oil India’s standalone net profit dropped 33.47% to ₹494.41 crore in the quarter ended June 30, compared to the same period last year. Its total income also fell by 22.22% year-on-year to ₹2,460.85 crore for the quarter. Further, the firm's revenues from crude oil, natural gas, and LPG declined by 26.87%, 16.69%, and 31.70%, respectively from the year-ago period.