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ONGC Q2 Results: Consolidated net profit soars 142% YoY to Rs 16,553 crore

Revenue from operations fell 12.9 percent at Rs 1.46 lakh crore in the quarter ending September 30, from Rs 1.68 lakh crore last year. ....

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ONGC Q2 Results: Cons PAT soars 66% YoY to Rs 13,734 crore; dividend declared at Rs 5.75/share

Revenue from operations, however, dropped by 13% on year to Rs 1.47 lakh crore. ....

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ONGC Q2 Results: Profit falls 20% YoY to Rs 10,216 crore on lower oil prices

The companys crude oil production fell 2% year-on-year to 5.25 million metric tonnes during the quarter. The gas production fell nearly 3% to 5.2 billion cubic meter. ONGC has struggled with production for years as its fields have matured and no major discoveries have been made in a long time. ....

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Nomura downgrades ONGC to 'Reduce', sees 23% downside for stock

ONCG’s FY23 consolidated EPS estimate has been cut to Rs 29.70, as higher oil realisations of $83 per barrel and higher volumes across oil and gas are offset by lower profitability for OVL, Nomura said ....

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