Nifty Tips
Oil and Natural Gas Corporation (ONGC) has announced its first quarter results. The company's Q1 net sales were down 8% at Rs 13666 crore versus Rs 14879 crore, Year-on-Year, YoY.
Its net profit was down 24% at Rs 3661 crore versus Rs 4848 crore, YoY.
Net realisation was at USD 48.04/bbl versus $58.25/bbl (YoY)
Subsidy payout was at Rs 5,515 crore versus Rs 429 crore (YoY)
Total costs was at Rs 8,744 crore versus Rs 8,557 crore (YoY)
Other Income was at Rs 407 crore versus Rs 788 crore (YoY)
Crude Oil output at 6.06 mt versus 6.12 mt (YoY)
Gas Output at 5.76 BCM versus 5.75 BCM (YoY)
According to CNBC-TV18's estimates, the company's Q1 sales were seen down 3.9% at Rs 14300 crore versus Rs 14879.3 crore,Year-on-Year, YoY.
Its PAT was seen down 19.1% at Rs 3920 crore versus Rs 4847.9 crore.
Net realisation was at USD 48.04/bbl versus $58.25/bbl (YoY)
Subsidy payout was at Rs 5,515 crore versus Rs 429 crore (YoY)
Total costs was at Rs 8,744 crore versus Rs 8,557 crore (YoY)
Other Income was at Rs 407 crore versus Rs 788 crore (YoY)
Crude Oil output at 6.06 mt versus 6.12 mt (YoY)
Gas Output at 5.76 BCM versus 5.75 BCM (YoY)
According to CNBC-TV18's estimates, the company's Q1 sales were seen down 3.9% at Rs 14300 crore versus Rs 14879.3 crore,Year-on-Year, YoY.
Its PAT was seen down 19.1% at Rs 3920 crore versus Rs 4847.9 crore.
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