Oil and Natural Gas Corporation declares results for Q3 FY’21

ONGC Board in its 334th meeting approved the results for Q3 FY21. ONGC reported net profit of Rs 1,378 crore on the gross revenue of Rs 17,024 crore during Q3 FY-21. The crude oil production from operated blocks reached last year’s levels. ONGC also notified of eight discoveries so far in FY-21. The Board has approved interim dividend of 35 per cent, i.e. Rs 1.75 on each equity share of Rs 5.