ONGC Q4 consolidated PAT rises 10%, firm declares dividend of Rs 3.25

ONGC's consolidated revenue from operations rose 37% to Rs 1.55 trillion in Q4FY22

State-owned ONGC on Saturday reported 10% rise in consolidated net profit at Rs 12,061 crore for the quarter ending March 31, 2022 as it got the best ever price for crude oil it produces and sells. It reported consolidated net profit of Rs 10,963 crore in the year-ago period. 

Oil & Natural Gas Corporation Limited's consolidated revenue from operations rose 37% to Rs 1.55 trillion in Q4FY22 as against Rs 1.14 trillion in Q4FY21. 

For FY22, the company's board recommended final dividend of Rs 3.25 per equity share of Rs 5 face value. 

On Friday, the company's scrip on BSE closed 5% lower