ONGC Q1 Net Profit up by 58.1% at INR 6144 crore

 

 

Highlights:

· Gross Revenue `27,213Crore, up 42.7 % QoQ

· Records 3.4% increase in standalone Natural Gas production

· Records 12.0% increase in VAP production

 

In its 309thMeeting held on 2nd August, 2018, ONGC Board approved the results for First Quarter (Q1) ofFY 2018-19 (FY’19) as detailed below:

1. Financial Performance

ONGC image

2. Production Performance

Particulars Q1
2018-19
Q1
2017-18
%
variation
FY’18
Crude Oil–ONGC (MMT) 5.028 5.310 (5.3) 20.851
Crude Oil–JVs (MMT) 0.809 0.789 2.5 3.130
Condensate (MMT) 0.380 0.345 10.1 1.454
Total Crude Oil (MMT) 6.217 6.444 (3.5) 25.435
Gas – ONGC (BCM) 5.926 5.729 3.4 23.484
Gas – JVs (BCM) 0.267 0.270 (1.1) 1.126
Total Gas (BCM) 6.193 5.999 3.2 24.610
Value Added Products (KT) 867 774 12.0 3,386

 

 

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