ONGC Q1 net profit drops 34% on lower oil prices, output

August 12, 2023

ONGC’s net profit fell by over 34% in Q1 due to lower oil prices and output. Gross revenue also dropped by 20%.

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Last month, the 22k gold achieved the highest rate of ₹53,600 on February 2, while 24k of gold was priced at ₹58,470...