Oil & Natural Gas Corporation Ltd.

The sales is pegged at Rs. 351630.40 millions for the September 2023 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 383207.60 millions during the year-ago period.Net profit declined -20.35% to Rs. 102163.20 millions from Rs. 128259.90 millions.Operating profit for the quarter ended September 2023 decreased to 192032.80 millions as compared to 196209.70 millions of corresponding quarter ended September 2022.

(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