ConCallIQ
Go Pro
ONGC Diversified 05 Aug 2024

Oil & Natural Gas Corporation — Q1 FY25

ONGC reported a 15.1% YoY decline in standalone PAT to INR 8,938 crore for Q1 FY25, driven by lower natural gas realization, higher exploration write-offs (up INR 627 crore), an...

neutral medium
Compare with...
Revenue ₹1,68,968 Cr
EBITDA
PAT ₹9,776 Cr -15.1%
EBITDA Margin 13%
Duration
Read Time 1 min read

✓ Verified against BSE filing

Risk Intelligence

Material risks this quarter

Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.

Risks

R

Slower ramp-up of KG 98/2 due to weather

Management cited rough weather as a cause for slower production ramp-up; further delays could impact production targets.

medium · management_commentary
R

Windfall tax applicability on KG Basin oil

Analyst raised concern about windfall tax on KG Basin oil; management stated they do not anticipate it currently, but uncertainty remains.

medium · analyst_question
R

Mozambique project delays

TotalEnergies' Mozambique LNG project faces delays due to elections; OVL's CapEx may increase once force majeure is lifted.

medium · management_commentary
R

OPaL losses continue

OPaL reported PAT loss of INR 983 crore in Q1 FY25; restructuring awaits government clearance, posing downside risk.

high · data_observation