ONGC Q4 FY21 net profit zooms on gains from exceptional item
The country's largest public sector oil and gas explorer ONGC has reported 309.5 per cent jump in its net profit in Q4 FY21 largely on account of higher revenue backed by higher oil prices and an exceptional item.
The company's net profit for January-March quarter stood at Rs 6,734 crore as against net loss of Rs 3,214 crore in the same period of the previous fiscal. Source: Reuters