ONGC net profit News

Gas price rose to USD 2.90 per million British thermal unit in October-December 2021 as against USD 1.79 a year back. Revenue in the quarter under review was up 67.3 per cent to Rs 28,474 crore. The board of the firm approved a second interim dividend of 35 per cent (Rs 1.75 per share).

Net profit in October-December 2018 at Rs 8,262.70 crore, or Rs 6.44 per share, was higher than Rs 5,014.67 crore, or Rs 3.91 a share, net earning in the same period of the previous fiscal, the company said in a statement.

State-run explorer Oil and Natural Gas Corp. (ONGC) on Friday reported a 6.1 percent fall in net profit for the fourth quarter ended March at Rs 4,340 crore, as compared to the PAT of Rs 4,624.30 crore for the same period of 2016.

 Shares of Oil and Natural Gas Corp (ONGC) today fell by nearly 3 percent as the state-run firm reported a 11 per cent drop in September quarter net profit.

Net profit in the July-September quarter at Rs 4,842.02 crore.

The stock slumped 4.51 percent to Rs 313.30 on BSE and was the top Sensex loser. On NSE, the stock went down 4.48 percent to Rs 313.20.

State-owned Oil and Natural Gas Corp (ONGC) on Saturday reported halving of its net profit in the December quarter after being forced to pay fuel subsidises despite plummeting oil prices.

State-owned Oil and Natural Gas Corp on Wednesday reported 19 percent rise in net profit for the April-June quarter on realising higher crude oil prices.

State-owned Oil and Natural Gas Corporation (ONGC) on Wednesday reported a rather disappointing net profit of Rs 4,782 crore for the quarter ending June compared to the Rs 4,016 crore profit it gained in the same period a year ago.