Mumbai, May 22 -- Revenue from operations (excluding excise duty) was marginally down 0.15% at Rs 5,518.86 crore.

Profit before tax stood at Rs 2,020.31 crore, down 19.97% from Rs 2,524.42 crore in the year-ago period.

Crude oil revenue dropped 6.64% YoY to Rs 3,896.19 crore, while natural gas revenue rose 4.41% to Rs 1,392.63 crore. Pipeline transportation income slipped 2.11% to Rs 164.29 crore. LPG revenue increased 2.19% to Rs 52.79 crore, whereas renewable energy income declined 23.51% to Rs 23.04 crore.

Operating margin narrowed to 28.12% from 32.67%, while net profit margin shrank to 28.84% from 35.24% in Q4 FY24.

In FY25, capex utilization surged 123.07% to Rs 8,467.33 crore. The company achieved its highest-ever oil and gas out...