Oil & Natural Gas Corporation Limited — Board Meeting, 21-05-2025: Outcome of Board Meeting

ONGC has announced a board meeting on the approval of consolidated financial results for FY 2024-25, reporting ₹663,262 Cr revenue and ₹38,329 Cr profit after tax, down from last year’s ₹55,273 Cr. Refining & Marketing leads revenue, while offshore Exploration & Production shows steady gains. The board approved a final dividend of ₹1.25 per share, adding to earlier interim payouts totaling ₹11.25. ONGC extended a ₹20,000 Cr corporate guarantee for OPaL’s debt, increased its stake in OPaL to 95.69%, and appointed Shri Ajit Singh as Chief Internal Audit. Legacy disputes remain under control with no impact on current results.