The corporate had registered a web revenue of Rs 862.01 crore within the corresponding interval of the earlier fiscal.
Complete earnings fell to Rs 3,481.52 crore throughout Q2 FY20 from Rs 4,031.41 crore in similar interval of FY19, Oil India mentioned in a regulatory submitting.
Turnover was down at Rs 3,213.61 crore for the quarter, as towards Rs 3,743.58 crore a yr in the past.
The EBITDA (earnings earlier than curiosity, taxes, depreciation and amortization) margin — the reader of profitability ratio — stood at 43 per cent through the quarter, down from 44 per cent within the year-ago quarter.
The corporate realised crude oil at USD 61.30 per barrel through the September quarter of the present fiscal, down from USD 73.42 a barrel yr in the past.
Crude Oil production through the first half of 2019-20 is 1.63 million metric tonnes (MMT) as towards 1.70 MMT a yr in the past. Natural gas production through the half yr ended September elevated to 1,459 million…