ONGC profit zooms 251% to Rs. 15,206 cr

ONGC on Friday reported a 251% year-on-year rise in its standalone net profit in the April-June quarter to 15,206 crore on the back of strong operating performance and top-line growth.

The standalone revenue from operations grew by 84% to Rs. 42,321 crore. The company registered a 91% y-o-y growth in offshore business at Rs. 27,990.4 crore and onshore business increased by 72% to14,330.3 crore during the quarter.