From The Hindu
Center-Left Owned by Kasturi & Sons Ltd.ONGC Q2 net profit jumps 57% on higher crude, gas realisations
What's behind this
Oil and Natural Gas Corporation (ONGC) reported a 57.3 per cent year‑on‑year increase in standalone net profit to Rs 15,489 crore for the second quarter of FY27, driven by higher crude oil and gas realisations. The company also announced an interim dividend of ₹8 per equity share and awarded offshore development projects valued at Rs 11,800 crore to bolster future production.
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left · 1 outlet
Along with the results, the company declared an interim dividend of ₹8 per equity share.
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center · 3 outlets
Oil and Natural Gas Corporation (ONGC) reported a 57.3 per cent year-on-year rise in standalone net profit to Rs 15,489 crore in the second quarter of FY27, supported by higher crude oil realisations, while awarding offshore development projects worth Rs 11,800 crore to strengthen future production.
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right · 1 outlet
A significant proportion of the investment activity was directed towards government securities, including state government securities, to take take advantage of the higher yields
RSS excerpt
Along with the results, the company declared an interim dividend of ₹8 per equity share.
