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ONGC earns net profit of Rs 5,015 cr in Q3 FY

Oil and Natural Gas Corporatio Limited (ONGC) has achieved a net profit of Rs 5,015 crore in Quarter 3 Financial Year 2018.  Under the leadership of CMD, Shashi Shankar, in its 303rd Board Meeting held on February 9, 2018, ONGC presented the Quarterly results for the third quarter ended Decembe

By Whispers in the Corridors 1 min read
ONGC earns net profit of Rs 5,015 cr in Q3 FY

Oil and Natural Gas Corporatio Limited (ONGC) has achieved a net profit of Rs 5,015 crore in Quarter 3 Financial Year 2018.  Under the leadership of CMD, Shashi Shankar, in its 303rd Board Meeting held on February 9, 2018, ONGC presented the Quarterly results for the third quarter ended December 31, 2017. Standalone Production registers upswing in 9 month period: Natural Gas up 7.7%; Crude Oil up 1.2% and VAP up 4.9% in FY’18 against same period in FY’17. It notifies 10 discoveries so far in FY’18.  Gross Revenue  22,996 crore, up 14.9 % Q-o-Q.  Net Profit Rs 5,015 crore, up 15.2 % Q-o-Q.

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