Oil and Natural Gas' Consolidated Profit Declines in Fiscal Q4

MT Newswires Live

2025/05/22

Oil and Natural Gas (NSE:ONGC, BOM:500312) posted a decline in its consolidated attributable profit to 73.2 billion Indian rupees in the fiscal fourth quarter ended March 31, against 100.3 billion rupees a year ago.

Earnings per share contracted to 5.82 rupees compared with the year-ago figure of 7.97 rupees, according to a Wednesday filing to the Indian stock exchanges by the state-owned oil and gas exploration company.

Revenue from operations in fiscal Q4 fell to 1.708 trillion rupees from 1.721 trillion rupees a year earlier.

The company's board recommended a final dividend of 1.25 rupees per equity share of face value of 5 rupees each for the financial year 2024-25.

ONGC's shares were down over 1% in recent trade.

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