Name: ONGC Q1 net profit drops 10% on lower oil prices
Uploaded: Wed, 13 Aug 2025 15:51:00 +0530
Channel: Rediff Video Desk
Description: State-owned Oil and Natural Gas Corporation (ONGC) has reported a 10 per cent decline in its June quarter net profit on lower oil prices and stagnant production from its aging fields.The company reported a net profit of Rs 8,024 crore in the first quarter of 2025-26 fiscal year, compared to Rs 8,938 crore earning in the same period last year, a company statement said.

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

Uploaded by: Rediff Video Desk on Wed, 13 Aug 2025 15:51:00 +0530

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