ONGC Net Profit Slumps 67% To Rs 1,378 Crore In December Quarter

State-owned Oil and Natural Gas Corporation (ONGC) posted a 67.4 per cent year-on-year decline in standalone profit to Rs 1,378 crore in the third quarter of the current financial year. The standalone net profit stood at Rs 4,226 crore in the year-ago period. According to the company's regulatory filing to BSE, the company's standalone revenue from operations slipped 28 per cent in the third quarter to Rs 17,023.80 crore, compared to...