ONGC posts 32% jump in Q4 profit
Oil and Natural Gas Corporation NSE 0.83 % (ONGC NSE 0.83 %) reported a 32% year-on-year increase in quarterly profit to ₹8,860 crore on booming oil prices. Revenue for the January-March quarter jumped 63% from a year earlier to ₹34,497 crore.
Net profit for 2021-22 climbed 258% to ₹40,306 crore, its highest-ever annual profit. Annual revenue rose 62% to ₹1,10,345 crore in 2021-22.
