ONGC net profit up 15.2 % q-o- q at Rs 5,015 crore

Thesynergyonline Corporate Bureau

NEW DELHI, FEBRUARY 09 : Oil and Natural Gas Corporation (ONGC) registered 15.2 per cent rise in standalone net profit on a year-on-year (y-o-y basis to for the quarter ended December (Q3FY'18). The company's standalone production registered upswing in 9 month period , natural gas up 7.7 per cent ; crude oil up 1.2 per cent and VAP up 4.9 per cent in FY'18 as against the corresponding period in FY'17.

Particulars Q3FY'1 8 Q3FY'17 % variation 9MFY'18 9MFY'17
Gross Revenue Rs 22,996 crore Rs 20,014 crore 14.9 Rs 61,034 crore Rs 77,907 crore
Net Profit Rs 5,015 crore Rs 4,352 crore 15.2 Rs 14,030 crore Rs 13,559 crore

Crude Oil Price-JV : Realization (US$/bbl

53.78 46.59 15.4 48.58 42.62
Crude Oil Price-JV : Realization (Rs /bbl 3,482 3,143 10.8 3,133 2,860

Price on GCV basis ($/mmbtu)

 
2.89 2.50 15.6 2.62 2.86
Crude Oil – ONGC(MMT) 5.196 5.263 (1.3) 15.811 15.631
Crude Oil – JVs (MMT 0.778 0.796 (2.3) 2.343 2.494
Condensate (MMT) 0.365 0.348 4.9 1.080 1.018
Total Crude Oil (MMT) 6.340 6.406 (1.0) 19.234 19.143
Gas – ONGC (BCM) 5.997 5.737 4.5 17.685 16.420
Gas – JVs (BCM 0.281 0.288 (2.4) 0.847 0.905
Total Gas (BCM) 6.277 6.025 4.2 18.533 17.326
Value Added Products (KT) 868 835 4.0 2,504 2,386