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ONGC reports 7% fall in Q3 consolidated net profit

01 Feb 2025 Evaluate

Oil & Natural Gas Corporation has reported results for third quarter ended December 31, 2024 (Q3FY25). 

The company has reported 16.70% decline in its net profit at Rs 8239.92 crore for Q3FY25 as compared to Rs 9891.71 crore for the same quarter in the previous year. Total income of the company decreased by 6.97% at Rs 35527.80 crore for Q3FY25 as compared to Rs 38188.76 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 6.92% decline in its net profit at Rs 9783.64 crore for the quarter ended December 31, 2024, as compared to Rs 10511.23 crore for the same quarter in the previous year. Total income of the company decreased by 1.52% at Rs 168507.77 crore for Q3FY25 as compared to Rs 171113.09 crore for the corresponding quarter previous year.


Peers
Company Name CMP
ONGC 233.95
Oil India 487.65
Jindal Drilling&Inds 607.70
Deep Industries 737.00
Aban Offshore 14.21
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