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ONGC net slips 20% to Rs 10,216 crore in Q2 on crude price fall
Credit: IndiaTimes- Published on November 11, 2023
Flagship explorer ONGC recorded a 20% decline in its second quarter net profit at Rs 10,216 crore compared to Rs 12,826 crore a year ago as a drop in global oil prices coincided with marginally lower production during the July-September period. Company director (finance) Pomila Jaspal said lower crude prices reduced earning from...
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