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via thehindu.comMarkets

ONGC Q2 net profit jumps 57% on higher crude and gas realisations

FROM THE WIRE · THEHINDU.COM

ONGC posts 57.3% profit surge amid higher crude and gas realizations, declares ₹8 interim dividend, with revenue up 32.8% despite lower production.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishStrong profit growth at an Indian energy major, driven by higher crude and gas prices.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01ONGC posts a 57.3% profit rise on higher crude and gas realisations.
  2. 02It declared an interim dividend of ₹8.
  3. 03Revenue rose 32.8% despite lower production.

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