Oil and gas major ONGC on Thursday posted 58.15 per cent year-on-year rise in net profit at Rs 6,143.88 crore for quarter ended June 30. It had posted a net profit of Rs 3,884.73 crore in the corresponding quarter last year. Analysts in an ETNow poll had predicted a profit of Rs 6,697 crore for the quarter under review.Revenue from operations increased to Rs 27,212.83 crore in Q1FY19 over Rs 19,073.54 crore in Q1FY18. ETNow poll had predicted a revenue of Rs 26,946 crore.EBITDA jumped 58.32 per cent YoY to Rs 13,893 crore for the quarter under review against Rs 8,775 crore in the same period last year.65245092
from The Economic Times https://ift.tt/2Km7yrZ
Thursday, August 2, 2018
ONGC Q1 profit jumps 58% YoY to Rs 6,144 crore
The Economic Times
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