Below are the financial statements of Oil India, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of INR | 2024 | 2023 |
|---|---|---|
| Revenue from operations | 363.04a | 410.26a |
| Other income | 13.43a | 7.32a |
| Total income (I +II) | 376.46a | 417.58a |
| Expenses | — | — |
| Cost of materials consumed | -58.86a | -85.61a |
| Excise duty | -38.38a | -49.42a |
| Purchases of stock-in-trade | -7.75a | -7.83a |
| Changes in inventories of finished goods and work in progress | -7.53a | -12.46a |
| Employee benefits expense | -22.37a | -23.84a |
| Finance costs | -9.64a | -9.01a |
| Depreciation, depletion and amortization expense | -21.29a | -19.47a |
| Other expenses | -103.11a | -103.47a |
| Total expenses (IV) | -268.92a | -286.19a |
| Profit/(loss) before exceptional items, share of profit/(loss) of associates and joint ventures accounted for using the equity method and tax (III - IV) | 107.54a | 131.4a |
| Exceptional items | 23.66a | 0a |
| Share of profit/(loss) of associates and joint ventures accounted for using the equity method | 4.57a | 0.04a |
| Profit/(loss) before tax (V -VI+VII) | 88.46a | 131.44a |
| Tax expenses | — | — |
| Current tax relating to | — | — |
| Current year | -26.2a | -31.75a |
| Earlier year | -0.03a | 0a |
| Deferred tax | -7.51a | -1.15a |
| Total tax expenses (IX) | -18.65a | -32.89a |
| Profit/(loss) for the year from continuing operations (VIII - IX) | 69.8a | 98.54a |
| Profit/(loss) for the year from discontinued operations | 0a | 0a |
| Tax expense of discontinued operations | 0a | 0a |
| Profit/(loss) from discontinued operations after tax (XI-XII) | 0a | 0a |
| Profit/(loss) for the year (X+XIII) | 69.8a | 98.54a |
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