Oil and Natural Gas Corporation Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 1,655,690.6 million compared to INR 1,692,126.3 million a year ago. Revenue was INR 1,696,281.2 million compared to INR 1,710,450 million a year ago. Net income was INR 103,564.4 million compared to INR 114,889.9 million a year ago. Basic earnings per share from continuing operations was INR 8.23 compared to INR 9.13 a year ago. Diluted earnings per share from continuing operations was INR 8.23 compared to INR 9.13 a year ago.
For the nine months, sales was INR 4,762,663.8 million compared to INR 5,207,625 million a year ago. Revenue was INR 4,853,836.9 million compared to INR 5,261,781.8 million a year ago. Net income was INR 382,244.6 million compared to INR 317,250 million a year ago. Basic earnings per share from continuing operations was INR 30.38 compared to INR 25.22 a year ago. Diluted earnings per share from continuing operations was INR 30.38 compared to INR 25.22 a year ago.