{"id":247003,"date":"2019-02-15T05:59:03","date_gmt":"2019-02-15T05:59:03","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=247003"},"modified":"2019-02-15T05:59:03","modified_gmt":"2019-02-15T05:59:03","slug":"q3-results-ongc-profit-up-65-per-cent-on-higher-realisation","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/q3-results-ongc-profit-up-65-per-cent-on-higher-realisation\/","title":{"rendered":"Q3 Results: ONGC profit up 65 per cent on higher realisation"},"content":{"rendered":"<p>Driven by higher net realisations and a sharp depreciation in currency, ONGC on Thursday reported a 65% year-on-year (y-o-y) rise in profit to Rs 8,262.70 crore.<\/p>\n<p>The stock, which closed Thursday\u2019s session down 1.12% at `132.10, is among the biggest underperformers. Since 2018, it has given up over Rs 80,000 crore in market capitalisation. In March 2018, the national explorer paid around Rs 37,000 crore to acquire a government stake in HPCL.<\/p>\n<p>ONGC\u2019s realisation from crude oil from its nominated fields increased 13.6% per barrel in dollar terms and 26.5% in rupee terms during the December 2018 quarter compared with the year-ago period. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Driven by higher net realisations and a sharp depreciation in currency, ONGC on Thursday reported a 65% year-on-year (y-o-y) rise in profit to Rs 8,262.70 crore. The stock, which closed Thursday\u2019s session down 1.12% at `132.10, is among the biggest underperformers. Since 2018, it has given up over Rs 80,000 crore in market capitalisation. In March 2018, the national explorer paid around Rs 37,000 crore to acquire a government stake in HPCL. ONGC\u2019s realisation from crude oil from its nominated fields increased 13.6% per barrel in dollar terms and 26.5% in rupee terms during the December 2018 quarter compared with [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-247003","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/247003","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=247003"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/247003\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=247003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=247003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=247003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}