ONGC’s net profit more than doubles with spike in net crude price realisations
Image used for representational purposes. File | Photo Credit: Reuters State-owned explorer Oil and Natural Gas Corporation’s (ONGC) net profit more than doubled in the June-end quarter fuelled by a more-than-half times increase in net crude price realisations. The Delhi-headquartered explorer’s net profit rose more than 112% on a year-over-year basis to ₹17,034 crore. This…
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