**Oil & Natural Gas Corporation Q2 Results 2025**
On January 31, 2025, Oil & Natural Gas Corporation (ONGC) announced its Q2 results for the fiscal year 2025. The company reported a 7.8% increase in total revenue, reaching ₹158,329.1 crore, while net profit saw a significant decline of 25.2% year-over-year, amounting to ₹10,272.55 crore.
In comparison to the previous quarter, revenue experienced a decrease of 4.95%, although profit rose by 3.38%. Selling, general, and administrative expenses fell by 3.78% quarter-over-quarter and decreased by 5.92% year-over-year. Operating income dropped by 10.36% from the previous quarter and was down 43.21% compared to the same quarter last year. The diluted normalized earnings per share (EPS) for Q2 stood at ₹8.17, reflecting a year-over-year decline of 24.77%.
As of January 31, 2025, among the 26 analysts monitoring ONGC, 4 have issued a Sell rating, 4 have a Hold rating, 3 have a Buy rating, and 15 have given a Strong Buy rating. The consensus recommendation as of this date is to Buy.
**ONGC Financial Overview:**
| Period | Q2 (FY25) | Q1 (FY25) | Q-o-Q Growth | Q2 (FY24) | Y-o-Y Growth |
|———————-|—————-|—————-|————–|—————-|————–|
| Total Revenue | ₹158,329.1 crore | ₹166,576.75 crore | -4.95% | ₹146,873.73 crore | +7.8% |
| Selling/General/Admin Expenses | ₹22,104.92 crore | ₹29,973.69 crore | -3.78% | ₹23,494.94 crore | -5.92% |
| Depreciation/Amortization | ₹8,209.0 crore | ₹8,075.47 crore | +1.65% | ₹6,698.06 crore | +22.56% |
| Total Operating Expense | ₹146,031.27 crore | ₹152,857.95 crore | -4.47% | ₹125,220.23 crore | +16.62% |
| Operating Income | ₹12,297.83 crore | ₹13,718.8 crore | -10.36% | ₹21,653.5 crore | -43.21% |
| Net Income Before Taxes | ₹12,700.16 crore | ₹13,981.01 crore | -9.16% | ₹22,186.9 crore | -42.76% |
| Net Income | ₹10,272.55 crore | ₹9,936.45 crore | +3.38% | ₹13,734.11 crore | -25.2% |
| Diluted Normalized EPS | ₹8.17 | ₹7.9 | +3.42% | ₹10.86 | -24.77% |
Stay informed on quarterly results with our results calendar.
