Exploration & Production company Oil And Natural Gas Corporation announced Q4FY24 & FY24 results:
- Highest ever standalone net profit of Rs 40,526 crore for FY24
- Highest ever consolidated net profit of Rs 57,101 crore for FY24
- Highest ever total dividend of Rs 15,411 crore for FY24
- 11 discoveries made and 7 monetized in FY24
- Crude Oil production of 5.359 MMT in Q4FY24, up by 2.4% QoQ
- The total dividend for FY24 would be 245% (Rs 12.25 per share of face value Rs 5 each) with a total payout of Rs 15,411 crore. This includes interim dividend of 195% (Rs 9.75 per share) already paid during the year and final dividend of 50% (Rs 2.50 per share) recommended by the Board.