ONGC Share Price Update Post Q4 Results: Key Highlights and Financial Performance

ONGC Share Price Update Post Q4 Results: Key Highlights and Financial Performance

Market Performance Overview

ONGC's share price remained largely range-bound during Thursday morning’s trading following the release of its Q4 results on Wednesday evening. The stock showed little volatility as investors absorbed the financial data and dividend announcement.

Dec declining crude oil prices and certain one-off factors influenced the quarterly results, keeping the share price movement muted.

Q4 Financial Performance: What ONGC Reported

Revenue and Profit Numbers

  • Consolidated gross revenue for Q4 stood at ₹1,70,812 crore, down marginally by 0.8% compared to ₹1,72,137 crore in the same quarter last year.
  • Consolidated net profit declined sharply by 20.2% year-on-year to ₹8,856 crore from ₹11,096 crore.
  • Standalone net profit also fell, at ₹6,448 crore, down 20% sequentially and 35% year-on-year.

Annual Performance at a Glance

  • ONGC posted a standalone revenue from operations of ₹34,982 crore for Q4.
  • For the full financial year 2024-25, standalone revenue reached ₹137,846.29 crore.
  • The company's consolidated revenue for FY 2024-25 was ₹663,262 crore, with a net profit of ₹38,329 crore.
  • The annual standalone net profit stood at ₹35,610.32 crore.

ONGC Company Snapshot

ONGC remains a key player in India's oil and gas sector, with significant operations influencing national energy supplies. Despite the challenges faced in Q4, such as fluctuating crude oil prices and one-time expenses, ONGC continues demonstrating robust annual financial health.

The company's scale is evident from its consolidated revenue crossing ₹6.6 lakh crore and net profits exceeding ₹38,000 crore for FY 2024-25.

Summary: ONGC Share Price and Q4 Results Impact

  • ONGC's Q4 results revealed a decline in quarterly profits by over 20% year-on-year.
  • Revenue remained largely stable, with less than a 1% dip compared to last year's Q4.
  • The company's full-year numbers show substantial revenues and net profits, highlighting resilience despite quarterly setbacks.
  • ONGC's share price remained steady, reflecting investor caution as markets digest the mixed quarterly performance.

This update on ONGC's share price post-Q4 earnings gives investors and readers a clear picture of the company's recent financial status without market speculation or recommendations.

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