ONGC Q4 net profit down 16% at Rs 2,207 crore Vs Rs 2627.1 crore

2009 June 25
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by Bhaskar

ONGC Q4 net profit down 16% at Rs 2,207 crore Vs Rs 2627.1 crore; net sales down 12.3% at Rs 13703.6 crore Vs Rs 15626.07 crore; subsidy payout at Rs 28,225 crore: ONGC

Oil and Natural Gas Corporation, ONGC has announced its fourth quarter and FY09 results. Its Q4 net profit was down 16% at Rs 2,207 crore Vs Rs 2627.1 crore.

Its Q4 net sales were down 12.3% at Rs 13703.6 crore versus Rs 15626.07 crore. The company’s FY09 net profit was at Rs 16,126 crore. Its subsidy payout at Rs 28,225 crore.

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