Oil & Natural Gas Corporation Ltd.
-1.05 (-0.42%) ONGC reports 43% fall in Q1 consolidated net profit
Date: 06-08-2024Oil and Natural Gas Corporation (ONGC) has reported results for first quarter ended June 30, 2024 (Q1FY25).
The company has reported 15.09% fall in net profit at Rs 8,938.10 crore for Q1FY25 as compared to Rs 10,526.78 crore for the same quarter in the previous year. However, total income of the company increased by 5.37% at Rs 37,327.27 crore for Q1FY25 as compared to Rs 35,426.18 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 42.80% fall in its net profit at Rs 10,235.64 crore for the quarter ended June 30, 2024 as compared to Rs 17,893.48 crore for the same quarter in the previous year. However, total income of the company increased by 12.92% at Rs 1,69,562.26 crore for Q1FY25 as compared to Rs 1,66,367.12 crore for the corresponding quarter previous year.