Sunday, May 29, 2022

ONGC posts 32% jump in Q4 profit

Inadequate global supplies and the war in Ukraine have driven up oil prices to above $100 a barrel for the past three months, boosting gains for producers like ONGC. The state-run company's oil and gas production, however, fell 2.9% and 4.4% respectively during the quarter from a year earlier. The company has declared a final dividend of ₹3.25 per share. The total dividend for 2021-22 will be ₹10.50 per share with a total payout of ₹13,209 crore.

from Energy-Industry-Economic Times https://ift.tt/siT7MF4

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