ResultsMint
ONGC Q2 profit up 57.3% amid Venezuela hopes
Positive+19Company event
GreyOak summary
ONGC reported a 57.3% year-on-year increase in standalone net profit to ₹15,488.64 crore in the September quarter, driven by higher realisations despite production declines. The company expects to secure operatorship rights for two Venezuelan oil projects within three to six months.
What it affects
- Oil & Natural Gas CorporationONGCPositive +19
Q2 profit up 57.3% to ₹15,488.64 crore.Rolling sentiment Positive +34
Source
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