Oil and Natural Gas Corporation Limited (ONGC) announced its Q3 FY25 results, reporting a sharp decline in net profit but a modest improvement in EBITDA and margins. The company’s net profit stood at ₹8,240 crore, marking a 31.2% decline quarter-on-quarter (QoQ) from ₹11,984 crore in Q2 FY25. Revenue from operations also saw a slight 0.5% dip to ₹33,716.8 crore, compared to ₹33,881 crore in the previous quarter.
Key Financial Highlights (Q3 FY25 vs Q2 FY25):
- Net profit: ₹8,240 crore vs ₹11,984 crore (-31.2% QoQ)
- Revenue from operations: ₹33,716.8 crore vs ₹33,881 crore (-0.5% QoQ)
- EBITDA: ₹18,950 crore vs ₹18,236 crore (+3.9% QoQ)
- EBITDA margin: 56.2% vs 53.8% (Improved QoQ)
Dividend Announcement
Alongside the results, ONGC declared a second interim dividend of ₹5 per equity share, reinforcing its commitment to shareholder returns.
