 "ONGC")
Public sector behemoth Oil and Natural Gas Corporation (ONGC) on Friday reported 565% surge in standalone net profit at Rs 18,348 crore for the quarter ending September 30, 2021 as it made a one-time tax gain on opting for a lower rate regime. State-owned ONGC reported net profit of Rs 2,758 crore in the year-ago period.
Revenue rose 44% to Rs 24,353 crore as compared to Rs 16,916 crore in Q2FY21.
The company also declared interim dividend of Rs 5.5 per share. The total payout on this account will be Rs 6,919 crore. The record date for distribution of dividend
