Oil and Natural Gas Corporation has reported a 12 per cent rise in net profit to Rs 4,416 crore for the quarter ended March 31, 2016 helped by a one-off gain compared to Rs 3,935 crore in the corresponding quarter last year.

Highlights:

Gross Revenue of Rs. 85,004 crore in FY’18, up 9.1% YoY
Final dividend of 27% taking total dividend payout in FY’18 to 132%
12 discoveries in FY’18, 3 so far in FY’19
6.3% increase in Gas production from ONGC operated fields
In its 307th Board Meeting held on 30th May, 2018, ONGC presented the annual results for FY’18.

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