ONGC Second Quarter Results : Net Profit at Rs 5097 crore

Oil and Natural Gas Corporation (ONGC) has declared its Q2 Results and the company has posted net profit of Rs 5,097 crore for the quarter ended September 2007.

ONGC registered healty rise in Net Profits this quarter when compared to previous quarter’s Net profit of Rs 4,173.98 crore. The company’s Q2 standalone Net sales stood at Rs 15,413.9 crore as against the previous quarter’s sales of Rs 4,173.98 crore.

ONGC Stock prices closed at Rs 1219.55 up 1.54% on the Bombay Stock Exchange.

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