Net revenue increased by 83.8% YoY to Rs 42320.72 crore during the quarter. ONGC recorded a pre-tax profit of Rs 20342.97 crore in Q1 FY23. It had reported a pre-tax profit of Rs 6750.17 crore in the same period last year. While the companys net crude oil price realization was $108.54 per barrel (up 65.5% YoY), gas price realization was $6.10 per mmbtu (up 240.8% YoY) in the first quarter. ONGCs crude oil production rose by 3.2% to 4.742 MMT in Q1 FY23 over Q1 FY22. Gas production during the period under review was 5.216 BCM, up by 2.1% on YoY basis. Maharatna Oil and Natural Gas Corporation (ONGC) is the largest crude oil and natural gas company in India, contributing around 71% to Indian domestic production. It has in-house service capabilities in all areas of exploration and production of oil & gas and related oil-field services. The Government of India held 58.91% stake in ONGC as of June 2022. The scrip jumped 4.94% to end at Rs 139.25 on the BSE yesterday. Powered by Capital Market – Live News
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2026, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132 (Member ID - NSE: 10975 BSE: 179 MCX: 55995 NCDEX: 01249), DP SEBI Reg. No. IN-DP-185-2016, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, Merchant Banker SEBI Regn. No. INM000010940, RA SEBI Regn. No: INH000000248, BSE Enlistment Number (RA): 5016, AMFI-Registered Mutual Fund Distributor & SIF Distributor
ARN NO : 47791 (Date of initial registration – 17/02/2007; Current validity of ARN – 08/02/2027), PFRDA Reg. No. PoP 20092018, IRDAI Corporate Agent (Composite) : CA1099
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
