Oil India Limited Schedules Board Meeting on February 7, 2025, to Review Q3 Financial Results

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Duliajan, Assam — January 28, 2025: Oil India Limited (NSE: OIL | BSE: 533106), a Maharatna CPSE, has announced that its Board of Directors will convene on February 7, 2025, to review and approve the Unaudited Financial Results for the quarter and nine months ended December 31, 2024, on both a Standalone and Consolidated basis.

Key Announcements:

  • Board Meeting Date: February 7, 2025.
  • Agenda: Consideration and approval of the Standalone and Consolidated Unaudited Financial Results for Q3 FY2024-25.

Market Expectations and Industry Context

Oil India Limited, India's second-largest national oil and gas exploration company, operates under Maharatna CPSE status, which indicates strong financial and operational independence. The Q3 results will be closely scrutinized as global crude oil prices, production volumes, and geopolitical factors continue to influence India's energy sector.

Investor Focus

The upcoming financial disclosures will provide a comprehensive view of the company's operational efficiency, revenue trends, and profitability, especially amid fluctuating global crude oil prices. Investors will also seek guidance on future strategies, including exploration expansion, refining capacities, and sustainability initiatives.

Looking Ahead

Following the Board Meeting, Oil India Limited will release its detailed financial statements and conduct investor briefings. Shareholders and market participants are advised to track official announcements on the company's website (www.oil-india.com) and stock exchange filings.
 
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