Financial

ONGC Q3 FY23 results: Posts Net Profit of Rs.11,045 Crore, up 26%

  • by Psu Connect
  • Date: 14-02-23

Gross Revenue ? 38,584 crore in Q3, up by 35.5% Q-o-Q
Net profit ? 11,045 crore in Q3, up by 26% Q-o-Q
2nd Interim Dividend of ? 4.00 per share

ONGC Q3 FY23 results: Posts Net Profit of Rs.11,045 Crore, up 26%

New Delhi: In its 362nd  meeting held on 14th February, 2023, ONGC Board approved the results for Third Quarter (Q3) of FY 2022-23 (FY’23).

Financial Performance (Standalone)

 

Q3

9 Months

 

FY’22

FY’23

FY’22

% Var

FY’23

FY’22

% Var

 

Gross Revenue(? Crore)

38,584

28,474

35.5

1,19,224

75,849

57.2

1,10,345

Net Profit (? Crore)

11,045

8,764

26.0

39,077

31,446

24.3

40,306

Crude Oil Price-Nominated

 

Realization (US$/bbl)

87.13

75.73

15.1

96.99

70.26

38.0

76.62

Realization (?/bbl)

7,162

5,677

26.2

7,737

5,218

48.3

5,709

Crude Oil Price-JV

 

Realization (US$/bbl)

84.99

75.76

12.2

97.10

71.19

36.4

77.15

Realization (?/bbl)

6,986

5,679

23.0

7,746

5,287

46.5

5,748

Gas Price

 

Price on GCV basis ($/mmbtu)

8.57

2.90

195.5

6.92

2.16

220.4

2.35

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