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ONGC Limited Q2FY23; 54% Fall in Profits

ONGC Limited‘s revenue in Q2FY23 rose 38% to ₹ 1,68,656 crores. Consolidated Profit came at ₹ 8,299 crores showcasing a 54% fall YoY over the corresponding period.

In this quarter’s results, the reports suggested that the firm has observed a fall in profits due to a rise in expenses.

Tags: Oil & Gas
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