ONGC reports highest net profit of Rs 40,306 cr; becomes India's 2nd most profitable firm

On the back of the best-ever price it earned on crude oil it produces, state-owned Oil and Natural Gas Corporation (ONGC) reported a record net profit of Rs 40,305 crore in the fiscal year ended March 31, becoming India's second most profitable company behind Reliance Industries Ltd. ONGC pushed Tata Steel to No.3 spot, while TCS is at No.4.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/izOYLvu
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