Oil And Natural Gas Corporation Ltd., incorporated in the year 1993, is a Large Cap company (having a market cap of Rs 168890.25 Crore) operating in Gas & Petroleum sector.
Oil And Natural Gas Corporation Ltd. key Products/Revenue Segments include Oil Crude, Gas Natural, Naphtha, Ethane, Propane, C2/C3 (Ethane/Propane), Butane, Other Operating Revenue, Aviation Turbine Fuel (ATF), HSD, Superior Kerosene Oil, LSHS, Mineral Turpentine Oil (MTO), Others for the year ending 31-Mar-2022.
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 184148.90 Crore, up 16.07 % from last quarter Total Income of Rs 158648.42 Crore and up 68.48 % from last year same quarter Total Income of Rs 109301.82 Crore. Company reported net profit after tax of Rs 7545.69 Crore in latest quarter.
The brokerage revises estimates taking into account oil futures. Going ahead, in the medium term, any potential decline in oil futures will lead to lower earnings
Promoters held 58.89 per cent stake in the company as of 30-Jun-2022, while FIIs owned 9.97 per cent, DIIs 17.82 per cent.
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