ONGC’s Q2FY25 Results
ONGC’s revenue increased 8% YoY
- 13 Nov 2024
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- ONGC reported a 4.2% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter ended Sept (Q2FY25). On a year-on-year (YoY) basis, it witnessed a growth of 8%.
- Its expenses for the quarter were down by 5% QoQ and up by 15% YoY.
- The net profit increased 1% QoQ and was down 39% YoY.
- The earnings per share (EPS) of ONGC stood at 8.2 during Q2FY25.
ONGC’s Financial Statements for Q2FY25:
| (₹ crores) | Q2FY24 | Q1FY25 | Q2FY25 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total income | 150,131 | 169,562 | 162,493 | -4.2% | 8% |
Total expenses | 129,856 | 158,471 | 149,780 | -5% | 15% |
Profit before tax | 21,431 | 13,170 | 12,700 | -4% | -41% |
Tax | 5,260 | 3,359 | 2,822 | -16% | -46% |
Profit after tax | 16,171 | 9,810 | 9,878 | 1% | -39% |
Earnings per share | 10.9 | 8.0 | 8.2 |
Financials:
- Gross Revenue decreased by 3.6% to ₹33,881 crore in Q2 FY25.
- Net Profit increased by 17.1% to ₹11,984 crore in Q2 FY25.
- Crude Oil Price (Nominated) realisation dropped 7.7% to $78.33/bbl and 6.4% to ₹6,561/bbl in Q2 FY25.
- Crude Oil Price (JV) realisation fell 1.9% to $77.91/bbl and 0.6% to ₹6,525/bbl in Q2 FY'25.
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
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