State-run Oil & Natural Gas Corporation (ONGC) has reported results for the quarter ended September 30, 2012
The Company’s net profit for the quarter dropped by 31.77% at Rs 5896.57 as compared to Rs 8642.23 crore for the quarter ended September 30, 2011. Total Income of the company has decreased by 9.44% to Rs 21786.22 crore for the quarter 30, 2012 from Rs 24058.33 crore for the same quarter a period ago.
Since its inception in, Oil and Natural Gas Corporation (ONGC) has been instrumental in transforming the country's limited upstream sector into a large viable playing field, with its activities spread throughout India and significantly in overseas territories.
