NEW DELHI: State-owned Oil and Natural Gas Corporation (ONGC) on Saturday reported a 31.6 per cent jump in its March quarter net profit as it got the best ever price for crude oil it produces and sells.
Standalone net profit of Rs 8,860 crore, or Rs 7.04 per share, in January-March compared with Rs 6,734 crore, or Rs 5.35 a share, in the same period a year back, according to the company's regulatory filing.
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