Oil and Natural Gas Corporation (ONGC) has reported results for the fourth quarter and year ended March 31, 2020.
The company has reported net loss of Rs 3098.26 crore for the quarter under review as against net profit of Rs 4239.50 crore for the same quarter in the previous year. Total income of the company decreased by 21.85% at Rs 22781.84 crore for Q4FY20 as compared Rs 29150.73 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported net loss attributable to owners of Rs 6189.44 crore for the quarter under review as against net profit of Rs 4751.36 crore for the same quarter in the previous year. Total income of the company decreased by 6.13% at Rs 108014.32 crore for Q4FY20 as compared Rs 115069.19 crore for the corresponding quarter previous year.
For the year ended March 31, 2020, the company has reported 49.77% fall in its net profit of Rs 13444.54 crore as compared to Rs 26764.60 crore for the previous year. Total income of the company decreased by 12.49% at Rs 102318.64 crore for year under review as compared to Rs 116919.81 crore for year ended March 31, 2019.
For the year ended March 31, 2020, on the consolidated basis, the company has reported 64.29% fall in its net profit attributable to owners of Rs 10907.15 crore as compared to Rs 30546.04 crore for the previous year. Total income of the company decreased by 6.04% at Rs 433532.97 crore for year under review as compared to Rs 461412.65 crore for year ended March 31, 2019.
Company Name | CMP |
---|---|
ONGC | 281.65 |
Oil India | 613.30 |
Jindal Drilling&Inds | 813.85 |
Hind Oil Exploration | 198.20 |
Deep Industries | 294.75 |
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