ONGC has declared its third quarter results. Its Q3 net profit was up 131% at Rs 7083crore versus Rs 3054 crore, YoY.
The company's net sales were up at Rs 18586 crore versus Rs 15298 crore, YoY.
Its other operating income was at up at Rs 2218 crore versus Rs 208 crore, YoY.
Gross realisations were at USD 89.13 per barrel.
The company's net realisation was at USD 64.79 per barrel versus USD 57.69 per barrel.
Its subsidy bill was of Rs 4,222 crore versus Rs 3,497 crore, YoY.
Source: http://www.moneycontrol.com/
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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