Oil & Natural Gas Corporation — Q4 FY24
ONGC reported a standalone PAT of ₹9,869 crore in Q4 FY24, a sharp increase from ₹528 crore in Q4 FY23, driven by a low base due to prior exceptional items and higher other income.
bullish
high
✓ Verified against BSE filing
Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.
Q3 FY24
Dividend payout of ~40%
Management indicated continued dividend payout of around 40%, with INR 9.75 per share already paid in 9M FY24.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
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