ONGC Q1 results: Net profit plunges 85% to Rs 1,090 crore, revenue drops 43%
State-run Oil & Natural Gas Corporation (ONGC) reported a 84.7 per cent decline in consolidated net profit for the quarter ended June to Rs 1,090 crore.
The oil and gas major had reported a net profit of Rs 7,120 crore a year ago.
Its consolidated revenue from operations dropped 42.9 per cent to Rs 62,496 crore from Rs 1,09,546 crore a year ago.
