ONGC Financials

ONGC group’s turnover during 2010-11 has been Rs.127,905 Crore with net profit of Rs.22,456 Crore. ONGC paid highest-ever dividend of Rs.7,486 Crore. The Net Worth of ONGC Group of companies is Rs.114,531 Crore.

• During 2010-11, the turnover of ONGC (on standalone basis) has been Rs.69,532 Crore with net profit of Rs.18,924 Crore; the highest-ever despite sharing under-recovery of Rs.24,892 Crore to the Oil Marketing Companies (OMCs) as per the instructions of the Government of India. Net worth of ONGC (on standalone basis) has been Rs.96,709 Crore.
• OVL’s consolidated gross revenue increased by 21% from Rs.15,383 Crore during 2009-10 to Rs.18,683 Crore during 2010-11 and consolidated net profit increased by 29% from Rs.2,090 Crore during 2009-10 to Rs.2,691 Crore during 2010-11.
• The turnover of MRPL has been Rs.43,800 Crore, up 21% from Rs.36,141 Crore and net profit has been Rs.1,177 Crore, up 6% from Rs.1,112 Crore.