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ONGC Q3 Results: Net profit drops 7 9% to Rs 10,748 cr, revenue falls 2 2% YoY

ONGC also declared the second interim dividend of Rs 4.00 per share, which will be paid to eligible shareholders on or before March 10, 2024.

ONGC Q3 Results: Net profit falls 10% YoY to Rs 10,356 crore; dividend declared at Rs 4/share

​Oil and Natural Gas Corporation (ONGC) reported a 9.9% year-on-year (YoY) decline in consolidated net profit for the quarter ended December 2023 to Rs 10,356 crore, compared to Rs 11,489 crore in the year-ago period.

ongc share price: ONGC Q3 Preview: PAT may fall 13% YoY on weak crude and gas price realisations

Net profit for the third quarter is likely to fall around 13% year-on-year (YoY), according to an average estimate of four brokerages. On a sequential basis, profit is seen dropping by a marginal 1%.

ONGC stock hits 52-week high post stellar Q3 earnings

ONGC Q3 FY21 Results: Net Profit Falls 67% To Rs 1,378 Crore In December Quarter, Declares Interim Dividend Of Rs 1 75

ONGC Q3 Results: The company s performance was hit by crude oil prices amid COVID-19 pandemic State-owned Oil and Natural Gas Corporation (ONGC) posted a 67.4 per cent year-on-year decline in standalone profit to Rs 1,378 crore in the third quarter of the current financial year. The standalone net profit stood at Rs 4,226 crore in the year-ago period. According to the company s regulatory filing to BSE, the company s standalone revenue from operations slipped 28 per cent in the third quarter to Rs 17,023.80 crore, compared to Rs 23,710.05 crore in the year-ago period. The company s quarterly performance was impacted by crude oil and natural gas prices due to the COVID-19 pandemic, as well as volatile global crude oil and natural gas markets.

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