Thursday, October 28, 2010

ONGC Q2 profit up 6% at Rs 5,389 cr

Oil and Natural Gas Corporation, ONGC has announced its second quarter results. The company’s Q2 net profit was up 5.87% at Rs 5,389 crore versus Rs 5,090 crore, year-on-year, YoY.
Its net sales were up 20.64% at Rs 18,194 crore versus Rs 15,081 crore, YoY.

Its net realisation was up at USD 62.75 per barrel versus USD 56.41 per barrel, year-on-year, YoY.

Its gross realisation was up at USD 79.21 per barrel versus USD 70.50 per barrel, YoY.

The company’s subsidy payout was at Rs 3,019 crore versus Rs 2,630 crore, YoY.


Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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