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ONGC net profit falls 10% in Q1
Mint Chennai
|August 14, 2025
State-owned Oil and Natural Gas Corporation (ONGC) has reported a 10% decline in its June quarter net profit on lower oil prices and stagnant production from its aging fields.
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The company reported a net profit of ₹8,024 crore in the first quarter of 2025-26 fiscal year, compared to ₹8,938 crore earning in the same period last year, a company statement said.
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