{"id":579934,"date":"2023-05-27T11:45:56","date_gmt":"2023-05-27T06:15:56","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=579934"},"modified":"2023-05-27T12:58:49","modified_gmt":"2023-05-27T07:28:49","slug":"ongc-standalone-loss-at-rs-248-cr-in-q4-fy23-declares-225-dividend","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ongc-standalone-loss-at-rs-248-cr-in-q4-fy23-declares-225-dividend\/","title":{"rendered":"ONGC standalone loss at Rs 248 cr in Q4 FY23, declares 225% dividend"},"content":{"rendered":"<p>State-owned Oil and Natural Gas Corporation (ONGC) on Friday reported a standalone net loss of Rs 248 crore in Q4 FY23, against a net profit of Rs 8,860 crore in the year-ago quarter due to an exception provision of Rs 12,107 crore towards disputed taxes.<\/p>\n<p>The corporation recorded 5.2% hike in its gross revenue to Rs 36,293 crore in the quarter ending March 2023 as against Rs 34,497 crore in the Q4 FY22, as per the company financial results filed in an exchange.<\/p>\n<p>For full year FY23, the net profit fell 3.7% to Rs 38,829 crore and the gross revenue shot up 40.9% to Rs 1,55,517 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-owned Oil and Natural Gas Corporation (ONGC) on Friday reported a standalone net loss of Rs 248 crore in Q4 FY23, against a net profit of Rs 8,860 crore in the year-ago quarter due to an exception provision of Rs 12,107 crore towards disputed taxes. The corporation recorded 5.2% hike in its gross revenue to Rs 36,293 crore in the quarter ending March 2023 as against Rs 34,497 crore in the Q4 FY22, as per the company financial results filed in an exchange. For full year FY23, the net profit fell 3.7% to Rs 38,829 crore and the gross revenue [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-579934","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/579934","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=579934"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/579934\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=579934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=579934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=579934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}