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Oil & Natural Gas Corp Ltd Q1FY24; 103% rise in Profits

ONGC is the largest crude oil and natural gas Company in India, contributing around 71 per cent to Indian domestic production.

Financial Results:

Oil & Natural Gas Corpn Ltd reported Revenues for Q1FY24 of ₹1,63,824.00 Crores down from ₹1,82,894.00 Crore year on year, a fall of 10.43%.

Total Expenses for Q1FY24 of ₹1,43,153.00 Crores down from ₹1,72,292.00 Crores year on year, a fall of 16.91%.

Consolidated Net Profit of ₹17,383.00 Crores up 102.58% from ₹8,581.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹11.23, up 18.34% from ₹9.49 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Categories: AlphaGraphs Energy
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