In a move that reinforces its status as a high-yield stock for investors, the Oil and Natural Gas Corporation (ONGC) has declared a final dividend of Rs 1.25 per equity share (25 per cent of face value) for the financial year 2024–25. This recommendation, made by the company’s Board of Directors, is subject to shareholder approval at the upcoming Annual General Meeting.
The final dividend adds to the first interim dividend of Rs 6 per share (120 per cent) declared in November 2024 and the second interim dividend of Rs 5 per share (100 per cent) announced in January 2025. With this, ONGC maintains its highest-ever total dividend payout of Rs 15,411 crore, translating to Rs 12.25 per share (245 per cent) for the year—an affirmation of its continued commitment to shareholder returns.
For the quarter ended 31 March 2025, ONGC posted a standalone revenue of Rs 34,982 crore, while net profit stood at Rs 6,448 crore. For the entire FY’25, standalone revenue reached Rs 137,846.29 crore, and net profit totalled Rs 35,610.32 crore.
On a consolidated basis, the energy major reported revenue of Rs 663,262 crore for the year, with a net profit of Rs 38,329 crore. Consolidated Q4 profits came in at Rs 8,856 crore, reflecting ONGC’s operational strength and financial discipline in a volatile energy market.
The Board also approved the appointment of Ajit Singh as Chief Internal Auditor, further bolstering its internal governance framework.
The robust financial performance and sustained high dividend underscore ONGC’s resilience, strategic discipline, and focus on delivering value amidst evolving market conditions and global energy dynamics.