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OIL & NATURAL GAS CORPORATION
Quarterly Results Analysis [Sep2025]

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OIL & NATURAL GAS CORPORATION Quarterly Results

Consolidated Sep2025
UnAudited
Jun2025
UnAudited
Mar2025
UnAudited
Dec2024
UnAudited
Sep2024
UnAudited
Jun2024
UnAudited
Mar2024
UnAudited
Dec2023
UnAudited
Revenues ₹157,911 Cr ₹163,108 Cr ₹170,812 Cr ₹166,097 Cr ₹159,331 Cr ₹168,968 Cr ₹172,137 Cr ₹167,357 Cr
Expenses ₹131,390 Cr ₹137,201 Cr ₹148,727 Cr ₹141,454 Cr ₹138,745 Cr ₹147,183 Cr ₹148,913 Cr ₹146,996 Cr
Operating Income ₹26,521 Cr ₹25,907 Cr ₹22,085 Cr ₹24,643 Cr ₹20,586 Cr ₹21,785 Cr ₹23,224 Cr ₹20,360 Cr
Other Income ₹3,108 Cr ₹2,573 Cr ₹2,977 Cr ₹2,411 Cr ₹4,186 Cr ₹2,761 Cr ₹3,367 Cr ₹3,756 Cr
Interest ₹3,411 Cr ₹3,341 Cr ₹3,500 Cr ₹3,670 Cr ₹3,827 Cr ₹3,694 Cr ₹3,608 Cr ₹3,203 Cr
Depreciation ₹9,273 Cr ₹9,384 Cr ₹9,043 Cr ₹9,497 Cr ₹8,254 Cr ₹8,501 Cr ₹8,420 Cr ₹7,494 Cr
Profit Before Tax ₹16,945 Cr ₹15,736 Cr ₹12,367 Cr ₹13,887 Cr ₹12,668 Cr ₹12,352 Cr ₹12,829 Cr ₹13,420 Cr
Profit After Tax ₹12,275 Cr ₹11,782 Cr ₹8,217 Cr ₹10,148 Cr ₹9,854 Cr ₹9,003 Cr ₹9,355 Cr ₹9,969 Cr
EPS ₹8.57 ₹7.79 ₹5.82 ₹6.85 ₹8.14 ₹7.93 ₹7.97 ₹8.51
Industry Peers & Returns1W1M1Y
OIL & NATURAL GAS CORPORATION -1.2% 2.5% -6%
OIL INDIA 1.1% 4.3% -12.9%
DEEP INDUSTRIES -4.3% -2.2% 1.3%
HINDUSTAN OIL EXPLORATION COMPANY -0.6% -7.8% -28%
JINDAL DRILLING & INDUSTRIES -4.8% -5.6% -24.7%
ASIAN ENERGY SERVICES -5% -5% -8.3%
SELAN EXPLORATION TECHNOLOGY 1.9% 4.5% -37.9%
GUJARAT NATURAL RESOURCES -2.5% 12% 329.8%
ABAN OFFSHORE -8.7% -11.6% -42.8%

OIL & NATURAL GAS CORPORATION Quarterly Revenues

Revenues
Q-o-Q

-3.19 %

Y-o-Y

-0.89 %

Quarters Revenues % Change
Sep2025 ₹157,911 Cr
-3.19
Jun2025 ₹163,108 Cr
-4.51
Mar2025 ₹170,812 Cr
2.84
Dec2024 ₹166,097 Cr
4.25
Sep2024 ₹159,331 Cr
-5.70
Jun2024 ₹168,968 Cr
-1.84
Mar2024 ₹172,137 Cr
2.86
Dec2023 ₹167,357 Cr -

OIL & NATURAL GAS CORPORATION Quarterly Operating Profit

Operating Profit
Q-o-Q

2.37 %

Y-o-Y

28.83 %

Quarters Operating Profit % Change
Sep2025 ₹26,521 Cr
2.37
Jun2025 ₹25,907 Cr
17.31
Mar2025 ₹22,085 Cr
-10.38
Dec2024 ₹24,643 Cr
19.71
Sep2024 ₹20,586 Cr
-5.50
Jun2024 ₹21,785 Cr
-6.19
Mar2024 ₹23,224 Cr
14.06
Dec2023 ₹20,360 Cr -
Operating Margins
Q-o-Q

5.79 %

Y-o-Y

30.03 %

Quarters Operating Margin% % Change
Sep2025 16.8%
5.79
Jun2025 15.88%
22.82
Mar2025 12.93%
-12.87
Dec2024 14.84%
14.86
Sep2024 12.92%
0.23
Jun2024 12.89%
-4.45
Mar2024 13.49%
10.85
Dec2023 12.17% -

OIL & NATURAL GAS CORPORATION Quarterly Profit After Tax

Profit After Tax(PAT)
Q-o-Q

4.18 %

Y-o-Y

24.57 %

Quarters Profit After Tax % Change
Sep2025 ₹12,275 Cr
4.18
Jun2025 ₹11,782 Cr
43.38
Mar2025 ₹8,217 Cr
-19.03
Dec2024 ₹10,148 Cr
2.99
Sep2024 ₹9,854 Cr
9.45
Jun2024 ₹9,003 Cr
-3.76
Mar2024 ₹9,355 Cr
-6.17
Dec2023 ₹9,969 Cr -
PAT Margins
Q-o-Q

7.62 %

Y-o-Y

25.73 %

Quarters PAT Margin(%) % Change
Sep2025 7.77 %
7.62
Jun2025 7.22 %
50.10
Mar2025 4.81 %
-21.28
Dec2024 6.11 %
-1.13
Sep2024 6.18 %
15.95
Jun2024 5.33 %
-1.84
Mar2024 5.43 %
-8.89
Dec2023 5.96 % -

OIL & NATURAL GAS CORPORATION Quarterly Earnings Per Share (EPS)

EPS
Q-o-Q

10.01 %

Y-o-Y

5.28 %

Quarters EPS % Change
Sep2025 ₹8.57
10.01
Jun2025 ₹7.79
33.85
Mar2025 ₹5.82
-15.04
Dec2024 ₹6.85
-15.85
Sep2024 ₹8.14
2.65
Jun2024 ₹7.93
-0.50
Mar2024 ₹7.97
-6.35
Dec2023 ₹8.51 -

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