Oil & Natural Gas Corporation Ltd.

The sales slipped to Rs. 347880.70 millions for the December 2023 quarter as against Rs. 385832.90 millions during the year-ago period.The Company's Net profit for the December 2023 quarter have declined marginally to Rs. 95356.70  millions as against Rs. 110447.30 millions reported during the corresponding quarter ended.Operating Profit reported a sharp decline to 182357.10 millions from 202160.50 millions in the corresponding previous quarter.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202312	202212	% Var	202312	202212	% Var	202303	202203	% Var
Sales	347880.70	385832.90	-9.84	1037654.40	1192247.70	-12.97	1555173.20	1103454.00	40.94
Other Income	34006.90	14113.40	140.95	70982.20	56984.40	24.56	76265.50	65155.80	17.05
PBIDT	182357.10	202160.50	-9.80	567984.40	653256.70	-13.05	791252.00	609455.50	29.83
Interest	10227.30	6895.00	48.33	30464.60	19919.10	52.94	26996.00	23598.60	14.40
PBDT	172129.80	195265.50	-11.85	537519.80	633337.60	-15.13	671904.90	585856.90	14.69
Depreciation	50782.40	48545.10	4.61	147847.10	119592.60	23.63	167951.60	175457.00	-4.28
PBT	121347.40	146720.40	-17.29	389672.70	513745.00	-24.15	503953.30	410399.90	22.80
TAX	25990.70	36273.10	-28.35	92002.40	122979.30	-25.19	115664.60	7342.50	1475.28
Deferred Tax	-1149.90	17205.50	-106.68	-1679.40	30441.70	-105.52	17912.80	-82417.50	-121.73
PAT	95356.70	110447.30	-13.66	297670.30	390765.70	-23.82	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(%)	52.42	52.40	0.04	54.74	54.79	-0.10	50.88	55.23	-7.88