OGDCL Posts Rs112.044 Bln Profit In Third Quarter Of FY 2021-22

Oil and Gas Development Company Limited (OGDCL) on Thursday introduced the monetary outcomes for the third quarter of the present fiscal yr ended on March 31, 2022, posting a revenue of Rs 112.044 billion

ISLAMABAD, (UrduPoint / Pakistan Point News – twenty eighth Apr, 2022 ) :Oil and Gas Development Company Limited (OGDCL) on Thursday introduced the monetary outcomes for the third quarter of the present fiscal yr ended on March 31, 2022, posting a revenue of Rs 112.044 billion.

“Net sales revenue clocked at Rs 240.267 billion translating to profit after tax of Rs 112.044 billion and earnings per share of Rs.26.05,” the OGDCL stated in a information launch.

The firm’s board of Directors (BoD) introduced interim money dividend to shareholders on the price of Rs 1 per share.

The dividend can be paid to the shareholders whose Names would seem within the Register of Members on May 12, 2022.

During the interval below assessment, the corporate paid Rs 57.906 billion on account of taxation.

On the exploration and growth facet, the corporate recorded important enhancement in seismic efforts and drilling actions.

The BoD appreciated the efforts of the OGDCL administration for taking efficient steps for the implementation of firm’s aggressive exploration programme.

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