How has been the historical performance of ONGC?

Answer:The historical performance of ONGC shows a fluctuating trend in key financial metrics over the years.

Breakdown:
ONGC's net sales increased from INR 5,31,761.83 crore in March 2022 to INR 6,63,262.31 crore in March 2025, although it peaked at INR 6,84,829.22 crore in March 2023. Total operating income followed a similar trajectory, reflecting a rise from INR 5,31,761.83 crore in March 2022 to INR 6,63,262.31 crore in March 2025. However, total expenditure, excluding depreciation, also rose, reaching INR 5,74,401.60 crore in March 2025, up from INR 4,51,888.17 crore in March 2022. Operating profit (PBDIT) showed variability, peaking at INR 1,14,413.72 crore in March 2024 before declining to INR 1,01,254.28 crore in March 2025. Profit before tax decreased from INR 69,311.49 crore in March 2024 to INR 51,362.27 crore in March 2025, while profit after tax followed suit, dropping from INR 50,955.43 crore to INR 37,293.00 crore in the same period. The consolidated net profit also saw a decline from INR 49,143.93 crore in March 2024 to INR 36,225.61 crore in March 2025. Earnings per share decreased from 39.06 in March 2024 to 28.8 in March 2025, indicating a downward trend in profitability. Overall, ONGC's financial performance reflects a complex interplay of rising revenues and costs, leading to fluctuating profit margins and net income over the years.