Annual Report 2006-2007 of Oil India Limited

It is a broadly described annual report of Oil India Limited in the year of 2006-2007. During the financial year, Total assets of the Company stood at Rs. 846748.32 Crore. Total income of the Company stood at Rs. 6007.78 Crore. The Company posted Profit before Tax at Rs. 2482.63 Crore (Rs. 2674.40 Crore in the previous year). The Company earned a profit after tax of Rs. 1639.99 Crore which is marginally lower than that of the last year. The earnings per share (EPS) of the Company for the year at Rs. 76.63. The Shareholders’ Fund as on 31^st March 2007 was Rs. 6849.07 Crore against long-term loans of Rs. 105 Crore giving a Debt to Equity Ratio of 1:65.23 against 1:32.66 in the previous year.

The Board of Directors of the Company was pleased to recommend a final dividend of @75% on the paid-up capital making the total dividend of @260% (Previous year @265%) for the year 2006-2007.

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