Quarterly Result21 May 2025, 10:32 pm
ONGC Posts Net Profit of Rs. 35,610 Crore, Declares Final Dividend of 25% for FY'25
AI Summary
Oil and Natural Gas Corporation Ltd (ONGC) has declared its results for Financial Year 2024-25, posting a net profit of Rs. 35,610 crore. The company also announced a final dividend of 25% (Rs. 1.25 per share) and maintained the highest ever total dividend of Rs. 15,411 crore. The standalone crude oil production increased by 0.9% in FY'25, and the company drilled 578 wells, the highest in the last 35 years. ONGC also made 9 discoveries and monetized 8 of them in FY'25.
Key Highlights
- Final dividend of 25% (Rs. 1.25 per share)
- Net profit of Rs. 35,610 crore for FY'25
- Standalone crude oil production up by 0.9% in FY'25
- Drilled 578 wells, highest in the last 35 years
- 9 discoveries made and 8 monetized in FY'25