ONGC net jumps 57% to 15.5k cr as oil gains

ONGC net jumps 57% to 15.5k cr as oil gains

NEW DELHI: State-owned Oil and Natural Gas Corporation (ONGC) on Thursday reported a 57.3% year-on-year jump in standalone net profit in the Sept quarter, driven by higher crude oil and natural gas realisations despite a decline in production. Profit stood at Rs 15,488.6 crore compared with Rs 9,847.9 crore in the year-ago period.

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