ONGC Q2 results: Net profit up 17% at Rs 11,948 cr on lower …

6 days ago  · State-owned Oil and Natural Gas Corporation (ONGC) on Monday reported a 17 per cent rise in its second quarter net profit primarily because of lower windfall and other taxes. …


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ONGC Q2 Results: Net Profit Up 17% At Rs 11,948 Cr On Lower …

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6 days ago  · State-owned Oil and Natural Gas Corporation (ONGC) on Monday reported a 17 per cent rise in its second quarter net profit primarily because of lower windfall and other taxes. …

business-standard.com

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ONGC’s Q2 Profit Rises 17% To ₹11,948 Crore On Lower Windfall And …

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The rise in profit was primarily because of lower windfall tax levied by the government as oil prices dropped. ONGC paid ₹7,829.51 crore in statutory levies in Q2, down from ₹10,791.09 crore in …

thehindubusinessline.com

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ONGC News As On 12 November 2024 (Print & Online)

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Headline ONGC Q2 results: Net profit up 17% at Rs 11,948 cr on lower windfall tax Publication Business Standard Edition Online Coverage Published Date 11 Nov 2024 ONGC Q2 results: …

ongcindia.com

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ONGC Q2 Results: Standalone Profit Rises 17% YoY To ₹11,984; ₹6 …

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The company reported a 17% year-on-year (YoY) increase in its standalone net profit, rising to ₹11,948.02 crore from ₹10,238.10 crore in the same quarter of the previous year. The rise in …

upstox.com

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ONGC Q2 Results: Net Profit Plunges By 25% YoY, Dividend Declared

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6 days ago  · State-owned Oil and Natural Gas Corporation reported a 17% rise in its second-quarter net profit primarily because of lower windfall and other taxes. Standalone net profit of …

psuconnect.in

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ONGC Share Price Up After Q2 Profit Jumps 17% YoY; Rs 6 Dividend ...

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5 days ago  · ONGC share price up after Q2 profit jumps 17% YoY; Rs 6 dividend announced ... (Q2FY25), as against Rs 10,238 crore in the September quarter of financial year 2024 …

business-standard.com

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ONGC Q2 Results: Standalone Net Profit Rises 17% YoY To Rs …

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6 days ago  · State-owned ONGC on Monday reported 17% growth in its standalone net profit for the quarter ended September 2024 to Rs 11,984 crore. The same stood at Rs 10,238 crore a …

indiatimes.com

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ONGC Q2FY25 Results Out, Profit Jumps 17%, Revenue Dips Slightly

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5 days ago  · State-owned oil giant Oil and Natural Gas Corporation Ltd (ONGC) has wrapped up Q2FY25 with a major 17% jump in standalone net profit, hitting Rs.11,948 crore. This is a step …

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ONGC Shares Surge 2.4% On 17% Q2 Profit Boost | Fortune India

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5 days ago  · The profit growth largely stemmed from lower windfall tax, as government levies dropped with oil prices stabilising. ONGC paid ₹7,829.51 crore in statutory levies for Q2, down …

fortuneindia.com

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India's ONGC Posts Surprise Q2 Profit Beat On Lower Tax Expenses

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6 days ago  · The state-owned firm's standalone profit jumped 17% to 119.84 billion rupees ($1.42 billion) in the quarter ended Sept. 30. Analysts had expected 91.23 billion rupees, according to …

reuters.com

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ONGC Shares Jump Over 2% After Q2 PAT Surges 17% YoY To Rs …

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5 days ago  · Shares of the state-owned company Oil & Natural Gas Corporation (ONGC) surged 2.3% to its intraday high of Rs 262.80 on the BSE after the company reported a 17% year-on …

indiatimes.com

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ONGC Net Profit Rose 17% In Q2 To ₹11,984 Crore As ... - The Hindu

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6 days ago  · ONGC's Q2 net profit rises 17% to ₹11,984.02 crore, declares ₹6 interim dividend per share. ... The net profit came on the back of lower statutory levies (expenses) at ₹7,829.51 …

thehindu.com

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ONGC Q2 Results: Profit Up 17% To Rs 11,984 Crore On Lower Levies

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6 days ago  · Oil and Natural Gas Corp (ONGC) reported a 17% year-on-year rise in profit to Rs 11,984 crore in the second quarter, aided by lower levies. Revenue for the July-September …

indiatimes.com

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ONGC Q2 Results: Profit Rises 17% YoY, Declares ₹6 Dividend

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5 days ago  · ONGC Q2 Results Quick Insights. Revenue: ₹33,881 crore, down by 4% YoY. Net Profit: ₹11,984 crore, an increase of 17% YoY. EBITDA: ₹18,236 crore; EBITDA margin at …

5paisa.com

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ONGC Q2 Net Profit Rises 17% To Rs 11,984 Crore, Firm Declares Rs …

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6 days ago  · ONGC Q2 net profit rises 17% to Rs 11,984 crore, firm declares Rs 6 interim dividend ONGC Q2 results: Revenue falls 4% to Rs 33,881 crore ... On November 11, …

moneycontrol.com

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ONGC Q2: Net Profit Jumps 17% To ₹11,984 Cr Beating Estimates ...

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6 days ago  · ONGC announced its Q2 results on Monday evening.The company’s numbers were ahead of the analyst’s estimates. What Happened: ONGC, in its September quarter results, …

benzinga.com

FAQs about ONGC Q2 results: Net profit up 17% at Rs 11,948 cr on lower … Coupon?

Why did ONGC make a profit in Q2?

The rise in profit was primarily because of lower windfall tax levied by the government as oil prices dropped. ONGC paid Rs 7,829.51 crore in statutory levies in Q2, down from Rs 10,791.09 crore in July-September 2023 and Rs 9,771.95 crore in April-June 2024. ...

Why did ONGC's second-quarter net profit rise 17 per cent?

State-owned Oil and Natural Gas Corporation (ONGC) has reported a robust 17 per cent rise in its second-quarter net profit, primarily driven by a significant reduction in windfall taxes. The company’s standalone net profit for the July-September quarter rose to ₹ 11,948 crore, up from ₹ 10,238 crore in the same period last year. ...

How did windfall tax affect ONGC's BottomLine?

The company’s standalone net profit for the July-September quarter rose to ₹ 11,948 crore, up from ₹ 10,238 crore in the same period last year. The lower windfall tax, imposed by the government to curb excessive profits during periods of high oil prices, played a crucial role in boosting ONGC’s bottomline. ...

Why did ONGC lower its windfall tax?

The lower windfall tax, imposed by the government to curb excessive profits during periods of high oil prices, played a crucial role in boosting ONGC’s bottomline. The company’s statutory levies for the quarter declined to ₹7,829 crore, down from ₹10,791 crore in the previous year ...

Why did ONGC's statutory levies decline in Q2?

The company’s statutory levies for the quarter declined to ₹7,829 crore, down from ₹10,791 crore in the previous year State-owned Oil and Natural Gas Corporation (ONGC) has reported a robust 17 per cent rise in its second-quarter net profit, primarily driven by a significant reduction in windfall taxes. ...

Why did ONGC shares close 2% lower on Monday?

ONGC shares closed 2% lower on Monday ahead of the earnings announcement. Oil and Natural Gas Corp (ONGC) reported a 17% year-on-year rise in profit to Rs 11,984 crore in the second quarter, aided by lower levies. Revenue for the July-September quarter fell 3.6% to Rs 33,881 crore on lower oil prices. ...

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