Oil and Natural Gas Corporation, ONGC has announced its third quarter results. The company's Q3 net sales were up 23.60% at Rs 15,372.57 crore versus Rs 12,436.43 crore, year-on-year, YoY.
Its net profit was up 23.38% at Rs 3,053.58 crore versus Rs 2,474.81 crore, YoY.
According to CNBC-TV18 estimates, its net profit was expected to go up at Rs 4,750 crore as against Rs 2,474.8 crore.
Sales were seen going up 24.1% at Rs 15,430 crore versus Rs 12,436.4 crore and operating profit margin is seen improving at 57% versus 40.2%.
Source: CNBC-TV18Courtesy moneycontrol.com
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