ONGC posts a net profit of Rs 18,348 cr. for 2nd Quarter

Net profit up 565% compared to Q2 of last year

New Delhi, Nov. 12 (Delhi Crown): The Oil and Natural Gas Corporation (ONGC) has posted a net profit of Rs 18,348 Crore in the second quarter of the Financial Year 2021-22.

The quarterly profit is up 565% compared to the second quarter of the last financial year.

It also announced an interim dividend of Rs 5.50 per share.

The announcements were made at ONGC’s 343rd meeting held on Friday.

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