OIL

Q3FY25 Results

The company's consolidated net profit fell by 44 percent (YoY) while its revenue from operations recorded a decline of 16.7 percent. The company's revenue from operations too was also lower than the previous year's corresponding quarter, at Rs 9,089 crore versus Rs 10,912 crore a year ago, down 16.7 percent. The fall in

's profit comes on account of lower price realization. In the third quarter this fiscal, the company’s crude oil price realization was at $73.82 per barrel, much lower than $84.14 per barrel seen during Q3FY24.