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ONGC share price up after Q2 profit jumps 17% YoY; Rs 6 dividend announced

Business Standard LogoBusiness Standard2d ago

ONGC share price up after Q2 profit jumps 17% YoY; Rs 6 dividend announced - Business Standard

Quick Summary:

ONGC declared a total 6 discoveries (3 in onland and 3 in offshore) during FY25 so far in its operated acreages.

The company’s gross revenue, however, dropped 3.6 per cent year-on-year (Y-o-Y) to Rs 33,881 crore in Q2FY25, from Rs 35,162 crore in Q2FY24.

In particular for September 2024, the gas production was up 0.3 per cent over September 2023.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 10:21:10 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 536 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23544391

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 249 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

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Publisher ID: #49

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