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ONGC Q2 Profit Drops 9% Amid Revenue Decline, Dividend Declared Business

ONGC Q2 Profit Drops 9% Amid Revenue Decline, Dividend Declared

Short2News· 1h ago ·1 reads

State-owned oil major ONGC reported a 9% decline in net profit for the second quarter, alongside a 5.6% drop in revenue to Rs 43,875 crore. Despite the financial dip, the company board has announced a dividend for its shareholders. This development is significant as it reflects the company's performance amidst fluctuating global energy market conditions.

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