Oil & Natural Gas Corporation Ltd.
BSE: 500312 | NSE: ONGC
Large Cap | Oil Exploration
238.50
2.10 (0.89%) ONGC reports 58% jump in Q1 net profit
Date: 03-08-2018Oil and Natural Gas Corporation (ONGC) has reported results for first quarter ended June 30, 2018.
The company has reported 58.15% rise in its net profit at Rs 6,143.88 crore for the quarter under review as compared to Rs 3,884.73 crore for the same quarter in the previous year. Total income of the company increased by 39.47% at Rs 27,862.71 crore for Q1FY19 as compared Rs 19,977.28 crore for the corresponding quarter previous year.
ONGC is India’s largest government-run corporation and produces about 70% of India’s crude oil and natural gas. The corporation is the biggest public sector commercial organization in India.