financial statement and auditors report for FY25!

The latest financial statements and auditors' report for Oil and Natural Gas Corporation (ONGC) for the fiscal year ended March 31, 2025 (FY25) show the following key highlights:

• Standalone Financials:

  • Profit After Tax (PAT) was ₹35,610 crore, down 12.1% compared to FY24 mainly due to higher exploration write-offs.

  • Sales revenue was nearly flat at ₹1,37,361 crore, impacted by lower crude oil price realizations.

  • Operating expenditure increased marginally by 2.8% to ₹27,478 crore.

  • Exploration costs written off increased significantly from ₹5,569 crore to ₹9,826 crore.

  • Crude oil production slightly increased by 0.9% to 18.558 million tonnes.

  • The Board recommended a final dividend of 25% (₹1.25 per share), with a total dividend payout ratio of 245%, amounting to ₹15,411 crore, the highest ever by the company.

• Consolidated Financials:

  • Consolidated PAT declined 30.7% to ₹38,326 crore due to reduced profits in subsidiaries such as HPCL, MRPL, and OPaL.

  • Gross revenue increased slightly by 1.5% to ₹6,63,262 crore.

  • Capital expenditure reached a record ₹62,000 crore, with exploration CapEx up 25% year-over-year.

• Auditors' Report:

  • The FY25 audited financial results were released on May 21, 2025, and have been audited by statutory auditors without any qualification or adverse remarks mentioned in public summaries.

  • The audit covers standalone and consolidated financial statements, confirming completeness and compliance with accounting standards.

These financial statements and auditor reports formally present ONGC's performance with emphasis on exploration investment, stable crude production, strong dividend payouts, and challenges including lower profits due to global price pressures and higher exploration write-offs.

For detailed line-by-line financial statements, profit and loss accounts, balance sheets, and cash flow statements, ONGC's official filings on the stock exchanges and investor relations webpages are available.

If you need, I can provide specific excerpts or deeper analysis of the auditors' notes and full financial reports.

Sources: ONGC