{"id":616754,"date":"2023-11-13T09:42:47","date_gmt":"2023-11-13T04:12:47","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=616754"},"modified":"2023-11-13T09:57:07","modified_gmt":"2023-11-13T04:27:07","slug":"ongc-q2-results-consolidated-net-profit-surges-142-to-rs-16553-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ongc-q2-results-consolidated-net-profit-surges-142-to-rs-16553-crore\/","title":{"rendered":"ONGC Q2 results: Consolidated net profit surges 142% to Rs 16,553 crore"},"content":{"rendered":"<p>Oil and Natural Gas Corporation\u2019s consolidated net profit soared 142.4 per cent to Rs 16,553 crore in the second quarter of FY24, up from the same quarter of the previous year. On a sequential basis, profit was down 4.77 per cent down from Rs 17,383 crore net profit. <\/p>\n<p>The company saw its gross revenue decline 12.9 per cent to Rs 1.46 trillion, down from Rs 1.68 trillion registered in Q2 FY23. India\u2019s largest oil producer, ONGC produces over 1.26 million barrels of oil equivalent per day, contributing around 71 per cent of India\u2019s domestic production.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil and Natural Gas Corporation\u2019s consolidated net profit soared 142.4 per cent to Rs 16,553 crore in the second quarter of FY24, up from the same quarter of the previous year. On a sequential basis, profit was down 4.77 per cent down from Rs 17,383 crore net profit. The company saw its gross revenue decline 12.9 per cent to Rs 1.46 trillion, down from Rs 1.68 trillion registered in Q2 FY23. India\u2019s largest oil producer, ONGC produces over 1.26 million barrels of oil equivalent per day, contributing around 71 per cent of India\u2019s domestic production.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-616754","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/616754","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=616754"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/616754\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=616754"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=616754"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=616754"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}