ONGC Ltd records a consolidated net loss of ~Rs6,577cr in Q4FY20

The company had posted a net profit of ~Rs6,474cr in the corresponding quarter of last year.

Jun 30, 2020 06:06 IST India Infoline News Service

Quarterly Results
Oil and Natural Gas Corporation Ltd. announced its quarterly results on June 30, 2020. The consolidated net sales in Q4FY20 stood at Rs1,04,488.95cr, which declined by 7.15% yoy from Rs1,12,538.68cr in Q4FY19.  

EBITDA stood at Rs3,638.66cr in Q4FY20 that decreased by 79.3% yoy. For Q4FY19, it posted EBITDA of Rs17,577.51cr. EBITDA margin as of Q4FY20 was at 3.48% that declined by 12.14% yoy against the same quarter, the previous year.  

The consolidated net loss in Q4FY20 came in at Rs6,576.68cr that declined by 201.59%, as compared to Q4FY19, when it reported a consolidated net profit of Rs6,473.87cr. The net profit margin in Q4FY20 came in at -6.29% that declined by 12.04% yoy. The net profit margin for Q4FY19 was at 5.75%.

The stock closed at Rs81.4 with a decline of 1.21% on BSE in today's trade.

Particulars Q4FY20
(Rs in cr)
Q4FY19
(Rs in cr)
% VAR
Net Sales 1,04,488.95 1,12,538.68 -7.15
Operating Profit 3,638.66 17,577.51 -79.30
Net Profit(-Loss) -6,576.68 6,473.87 -
EBITDAM% 3.48 15.62 -12.14
PATM% -6.29 5.75 -12.04

Related Story