ONGC Q3 FY11 Results : Net profit jumps 2.32 times

by khalid on 28/01/2011 · 0 comments

Public sector Maharatna company Oil And Natural Gas Corporation Limited (ONGC) has posted a net profit for the period Q3 (ending Dec 10) of the current fiscal (FY10-11). During the said quarter, net profit jumped 2.32 times to Rs 7083.16 crores in comparison to Rs 3054.13 crores of Q3 (ending Dec 09) of previous year (FY09-10). Oil and Natural Gas Corporation Limited (ONGC) (BSE: 500312, NSE: ONGC) is a state-owned oil and gas company in India. It is a Fortune Global 500 company ranked 413, and contributes 77% of India’s crude oil production and 81% of India’s natural gas production.

The company has informed the share market (BSE/NSE) that the total income rose 38.75% to Rs 21473.26 crore in Q3 (ending Dec 2010) of the current fiscal (FY10-11) when compared with the same quarter Q3 (ending Dec 2009) of previous year (FY09-10).

Share’s Data :-
BSE Code : 500312
Mkt. Cap : Rs 242,893.48 Crores
Oil And Natural Gas Corporation Ltd. share’s CMP is Rs 1,135.60 on 28th Jan 2011.

Stay tuned to BelltheBull Blog for more news on ONGC !

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