INSUBCONTINENT EXCLUSIVE:
61 per cent jump in second-quarter profit on Saturday, with higher crude oil prices helping it to beat forecasts
ONGC's net profit stood at Rs 8,265 crore ($1.14 billion) in the quarter ended September 30, compared with Rs 5,130 crore a year earlier,
the company said in a stock exchange filing
Analysts on average had expected a profit of Rs 6,861 crore, according to Refinitiv data.Income from operations rose by 47.5 per cent to Rs
27,989 crore, ONGC said.($1 = Rs 72.43)
