Oil & Natural Gas Corporation Ltd.

The sales declined to Rs. 351630.40 millions for the September 2023 quarter as compared to Rs. 383207.60 millions during the corresponding quarter last year.The Net Profit of the company registered a slight decline of -20.35% to Rs. 102163.20  millions from Rs. 128259.90 millions.Operating Profit reported a sharp decline to 192032.80 millions from 196209.70 millions in the corresponding previous quarter.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202309	202209	% Var	202309	202209	% Var	202303	202203	% Var
Sales	351630.40	383207.60	-8.24	689773.70	806414.80	-14.46	1555173.20	1103454.00	40.94
Other Income	20856.80	35294.30	-40.91	36975.30	42871.00	-13.75	76265.50	65155.80	17.05
PBIDT	192032.80	196209.70	-2.13	385627.30	451096.20	-14.51	791252.00	609455.50	29.83
Interest	10160.30	6668.50	52.36	20237.30	13024.10	55.38	26996.00	23598.60	14.40
PBDT	181872.50	189541.20	-4.05	365390.00	438072.10	-16.59	671904.90	585856.90	14.69
Depreciation	47153.00	25946.30	81.73	97064.70	71047.50	36.62	167951.60	175457.00	-4.28
PBT	134719.50	163594.90	-17.65	268325.30	367024.60	-26.89	503953.30	410399.90	22.80
TAX	32556.30	35335.00	-7.86	66011.70	86706.20	-23.87	115664.60	7342.50	1475.28
Deferred Tax	-663.70	13425.00	-104.94	-529.50	13236.20	-104.00	17912.80	-82417.50	-121.73
PAT	102163.20	128259.90	-20.35	202313.60	280318.40	-27.83	388288.70	403057.40	-3.66
Equity	62901.40	62901.40	0.00	62901.40	62901.40	0.00	62901.40	62901.40	0.00
PBIDTM(%)	54.61	51.20	6.66	55.91	55.94	-0.06	50.88	55.23	-7.88