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ONGC reports 48% surge in Q1 net profit

13 Aug 2012 Evaluate

Oil & Natural Gas Corporation (ONGC) has reported results for first quarter ended June 30, 2012.

The company has reported a rise of 48.42% in its net profit at Rs 6077.70 crore for the quarter under review as compared to Rs 4094.90 crore for the same quarter in the previous year. The total income of the company has increased by 23.86% at Rs 21216.24 crore for Q1FY13 as compared Rs 17128.89 crore for the corresponding quarter previous year.

Peers
Company Name CMP
ONGC 235.50
Oil India 485.05
Jindal Drilling&Inds 598.10
Deep Industries 729.95
Aban Offshore 14.21
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