SME Times is powered by   
Search News
Just in:   • New MSME definition will come into effect from July 1  • New Microsoft programme to empower agritech startups in India  • Goa to set up telecom task force on network, connectivity issues  • Survey shows large-scale job losses, lower food intake amid lockdown  • 'It's 'criminal' not to give cash support to MSMEs' 
Last updated: 14 Aug, 2019  

ONGC.9.Thmb.jpg ONGC's Q1 standalone net profit down 3.9%

ONGC.9.jpg
   Top Stories
» New MSME definition will come into effect from July 1
» 'It's 'criminal' not to give cash support to MSMEs'
» Covid-hit India sees extreme slide in business activity
» Cabinet nod to EGoS to attract investment
» Economy will bounce back, Modi assures industry
SME Times News Bureau | 14 Aug, 2019
Diversified energy major ONGC on Tuesday reported a decline of 3.9 per cent in its standalone net profit for the quarter ended June 30, 2019.

According to the company, the standalone Q1 net profit fell to Rs 5,904 crore against Rs 6,144 crore reported during the corresponding period of previous fiscal.

However, gross revenues of the diversified energy major declined 2.4 per cent to Rs 26,555 crore against Rs 27,213 crore in the 2018-19.

On a consolidated basis, the company reported a decline 24.4 per cent in its Q1 net profit at Rs 7,043 crore from Rs 9,318 crore on a YoY basis.

The company reported that its consolidated net profit attributable to owners was down 19.2 per cent to Rs 6,694 crore from Rs 8,287 crore reported for the corresponding period of the previous year.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 04 Jun, 2020
  Daily Poll
COVID-19 has directly affected your business
 Yes
 No
 Can't say
  Commented Stories
» FM reviews macro-economy in FSDC meet(1)
» 86% workers globally demand new skills training from employers: Survey(1)
» Appoint distributors, expand your business(1)
» MSME stimulus(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter