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12-Feb-2024

Oil & Natural Gas Corpn

PBT down 2%


'Oil & Natural Gas Corpn consolidated net sales declined 2.15% to Rs 165569.06 crore in Q3FY24 compared to Q3FY23.  Sales of Offshore segment has gone down 8.10% to Rs 23,834.01 crore (accounting for 12.95% of total sales).  Sales of Onshore segment has gone down 13.39% to Rs 10,889.86 crore (accounting for 5.92% of total sales).  Sales of Refining & Marketing segment fell 0.22% to Rs 1,46,931.91 crore (accounting for 79.81% of total sales).  Sales of Outside India segment has gone down 3.18% to Rs 2,440.25 crore (accounting for 1.33% of total sales).  Inter-segment sales came down from Rs 19,104.74 crore to Rs 18,560.52 crore. 

Profit before interest, tax and other unallocable items (PBIT) has slumped 10.93% to Rs 14,261.35 crore.  PBIT of Offshore segment fell 15.99% to Rs 10,5...



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