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Oil and Natural Gas Corporation (ONGC) has released its December quarter (Q3) results. The company has announced an interim dividend of Rs 5 per share this quarter. ONGC's profit was less than expected, but EBITDA and income have surpassed estimates.
Key Financial Performance
✅ Profit: ₹8,240 crore (Estimate: ₹9,484 crore)
✅ Revenue: ₹33,717 crore (Estimate: ₹31,700 crore)
✅ EBITDA: ₹18,950 crore (Estimate: ₹17,686 crore)
✅ EBITDA Margin: 56.2% (Estimate: 55.8%) Quarter-on-Quarter (QoQ) Performance ???? Profit: declined to ₹8,240 crore from ₹11,984 crore ???? Revenue: marginally declined to ₹33,717 crore from ₹33,881 crore ???? EBITDA: increased to ₹18,950 crore from ₹18,236 crore ???? EBITDA margin: increased from 53.8% to 56.2% Dividend announced ONGC's profit declined, but EBITDA and income were better than estimates. The company has announced an interim dividend of Rs 5 per share for shareholders.
