ONGC declares results for Q2 FY’20: Posts Net Profit of ₹ 6,263 crore; down by 24.2% Q-o-Q on account of lower crude price realisation

Dated : 14 November 2019 07:49:20 pm

In its 323rd meeting held on 14th November, 2019, ONGC Board approved the results for Second Quarter (Q2) of FY 2019-20 (FY’20). ONGC registered a net profit of ₹ 6,263 crore on the gross revenue of ₹ 24,493 crore during Q2 FY’20. During this period ONGC produced 5.842 MMT of crude oil and 6.265 BCM of natural gas. Details are as under:

1. Financial Performance (Standalone)

Standalone

2. Financial Performance (Consolidated)

Consolidated

3. Production Performance

Production Performance

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Disclaimer

This Press Release is intended to apprise the public regarding the highlights of Unaudited Financial Results of ONGC for the quarter and half year ended 30th September, 2019 approved by the Board of Directors in their meeting held on 14.11.2019. These are not to be taken as forward looking statements and may not be construed as guidance for future investment decisions by investors/stakeholders.

Issued By:
Oil and Natural Gas Corporation Ltd
Corporate Communications, New Delhi,
Phone: +91-11-26754013
Mail: ongcdelhicc@ongc.co.in