Business Standard

RESULT REVIEW: ONGC

SI Team  |  Mumbai 

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Higher oil prices, lower subsidy boost ONGC profit

RESULT REVIEW: ONGC

ONGC recorded excellent fourth-quarter numbers powered by the rise in crude prices. Topline grew 46.23 per cent while net profits surged 91.23 per cent to Rs 3,798 crore. Notably, subsidy losses were   image