Oil & Natural Gas Corporation Ltd.

The revenue for the March 2024 quarter is pegged at Rs. 346366.90 millions against Rs. 362925.50 millions recorded during the year-ago period.The Net Profit of the company vaulted to 1769.69% to Rs. 98693.70  millions from Rs. 5278.60 millions in the previous quarter.Operating profit for the quarter ended March 2024 rose to 195707.00 millions as compared to 148599.30 millions of corresponding quarter ended March 2023.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202403	202303	% Var	202403	202303	% Var	202403	202303	% Var
Sales	346366.90	362925.50	-4.56	1384021.30	1555173.20	-11.01	1384021.30	1555173.20	-11.01
Other Income	36799.70	19281.10	90.86	107781.90	76265.50	41.32	107781.90	76265.50	41.32
PBIDT	195707.00	148599.30	31.70	775932.30	808431.80	-4.02	775932.30	808431.80	-4.02
Interest	10348.50	7076.90	46.23	40813.10	26996.00	51.18	40813.10	26996.00	51.18
PBDT	185358.50	49171.30	276.96	735119.20	689084.70	6.68	735119.20	689084.70	6.68
Depreciation	56754.70	48602.90	16.77	204957.10	168195.50	21.86	204957.10	168195.50	21.86
PBT	128603.80	568.40	22525.58	530162.10	520889.20	1.78	530162.10	520889.20	1.78
TAX	29910.10	-4710.20	-735.01	124902.50	119924.10	4.15	124902.50	119924.10	4.15
Deferred Tax	3913.50	-9924.40	-139.43	5224.10	22172.30	-76.44	5224.10	22172.30	-76.44
PAT	98693.70	5278.60	1769.69	405259.60	400965.10	1.07	405259.60	400965.10	1.07
Equity	62901.40	62901.40	0.00	62901.40	62901.40	0.00	62901.40	62901.40	0.00
PBIDTM(%)	56.50	40.94	38.00	56.06	51.98	7.85	56.06	51.98	7.85