ONGC dividend 2023: Check amount and record date | ONGC share price NSE, Q3 results

ONGC Dividend 2023, ONGC Dividend 2023 Amount, ONGC Dividend Record Date 2023: Oil and Natural Gas Corporation (ONGC) declared paying the second interim dividend to its shareholders for the financial year 2022-23. Besides, the company has also fixed the record date for the payment of dividend. ONGC is the largest crude oil and natural gas company in the country, contributing around 71 per cent to domestic production. 

According to an exchange filing by the public sector company, the board has approved the payment of Rs 4 dividend per equity share having a face value of Rs 5 each. 

ONGC Dividend 2023 Record Date

The state-owned oil and natural gas company has fixed February 24, 2023 as the Record Date for the purpose of determining the eligibility of shareholders for the payment of the second interim Dividend.

"In terms  of  Regulation  42  of  SEBI  (Listing  Obligations  and  Disclosure  Requirements)  Regulations,  2015, Friday, the 24th February, 2023 will be the Record Date for determining eligibility of shareholders for payment of the said Interim Dividend," the company said in an exchange filing.

ONGC Share Price

ONGC share price declined 1 per cent to quot Rs 147 apiece on NSE around 10 AM on Wednesday. The scrip has yielded a moderate return of around 6 per cent in the past 6 months while it has declined 11 per cent in the past one year.

ONGC Q3FY23 Results

ONGC reported a standalone profit of Rs 11,045 crore for the quarter ending December 30, 2022, recording a growth of 26 per cent over the Rs 8,764 crore profit recorded during the corresponding period of last year.

The Maharatna company`s standalone revenue rose by 36 per cent to Rs 38,583 crore from Rs 28,473 crore registered in the year-ago period. The rise in ONGC`s revenue and profit was mainly driven by surging APM gas prices, though they were impacted by a rather subdued growth in its oil and gas business volumes.

No significant impact on market warranting review of regulatory frameworks, SEBI to SC