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HinduBusinessLine

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ONGC shares fall despite record dividend as Q4 profit misses estimates 

  • ONGC reported a Q4 FY25 net profit of ₹6,448 crore, missing estimates due to dry well write-offs.
  • ONGC's total dividend for FY25 remained at ₹15,411 crore, translating to ₹12.25 per share.
  • For FY25, ONGC posted a net profit of ₹35,610 crore, with record drilling activity of 578 wells.
  • Despite the earnings miss, brokerages like Jefferies and CLSA remain optimistic on ONGC's performance.

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