KG-98/2 ramp-up execution risk
Ramp-up to 45,000 bopd and 10 MMSCMD by Q4 FY25 depends on weather and installation timelines; delays could push targets.
high · management_commentary
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
Risk Intelligence
Material risks this quarter
Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.
Risks
Windfall tax policy uncertainty
Windfall tax at $75/bbl cap may not be revised despite rising OpEx; management is engaging with government but no assurance.
medium · analyst_questionOPaL losses persist despite restructuring
OPaL reported negative EBITDA in FY24; turnaround depends on regulatory approvals and market conditions, which are uncertain.
medium · analyst_questionNatural decline in mature fields
Gas production declined 3% in Q4 due to 7-8% natural decline in mature fields; mitigation depends on new projects.
medium · data_observation