ONGC seeks partners to raise output from 43 oil, gas fields - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
On August 13, the equity benchmark Sensex rallied 593 points to end above the 55,000-mark for the first time and Nifty advanced 164 points or 1.01 per cent to its fresh closing peak of 16,529.
State-owned Oil and Natural Gas Corp (ONGC) net profit soared by nearly 800 per cent in the first quarter of the current fiscal after more than doubling of oil prices compensated for a fall in production. Net profit in April-June at Rs 4,335 crore was 772.
ONGC net soars over eightfold as crude price offsets output drop thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
Net profit in April-June at Rs 4,335 crore was 772.2% higher than Rs 497 crore in Q1 of previous fiscal when demand, as well as price, had plummeted due to coronavirus-related lockdown, the company said in a statement