ONGC: Post Q1 FY 25

Aug 6

STANDALONE:

1. Revenue 37,237 crores down by -2.58% QOQ up by 5.37% YOY
2. EBITDA 11,956 crores down by -7% QOQ , down by -14.8% YOY
3. PROFIT 8,938 crores down by -9.43% QOQ ,down by -15% YOY
4. EPS 7.1 down by -9.5% QOQ, down by -15% YOY


CONSOLIDATED:
1. Revenue 1,69,562 crores down by -0.18% QOQ up by 1.92% YOY
2. EBITDA 13,981 crores down by -8.1% QOQ , down by -42% YOY
3. PROFIT 9,936 crores down by -1.7% QOQ ,down by -32% YOY
4. EPS 7.9 down by -1.6% QOQ, down by -32.15% YOY

• has declared total 5 discoveries in FY25 so far

• it has has declared 3 more discoveries (1 in onland and 2 in offshore) in its operated acreages.

• The crude oil realisation for the first quarter stood at $83.05 per barrel, compared with $76.36 in the last year quarter.

• During the reporting period, the total crude oil production fell marginally to 5.23 mmt, while the same from joint ventures stood at 0.35 mmt.

• The total gas production during the quarter fell 4% to 4.86 BCM in the first quarter under review.

Technical Analysis ::

For bullishness it should hold the level above 310. If fail to hold above 310 and broke down 303 and trade below it , then it may go again sideways in the range 257 to 300