Public Sector News

ONGC fourth quarter net profit up 36.2 per cent at Rs 5,915 crore

New Delhi, 30 May 2018 : State-owned petroleum explorer Oil and Natural Gas Corporation (ONGC) today posted a 36.2 per cent jump in net profit at Rs 5,915.12 crore for the quarter ended March 2018 on a standalone basis as compared to net profit of Rs 4,340 crore posted in the corresponding quarter previous fiscal (2016-17).

Total income of the company during the quarter rose 5.3 per cent to Rs 27,703 crore from Rs 26,361 crore in the corresponding quarter previous fiscal.

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