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ONGC FY12 cons net profit up by 25%-news30052012


Oil & Natural Gas Corporation (ONGC) has announced the following results for the quarter & year ended March 31, 2012:


Standalone Results

Un-audited results for the Quarter ended March 31, 2012

The net profit of the company rose by 102.24% to Rs5644.38 crore for the quarter ended March 31, 2012 as compared to Rs2790.86 crore for the quarter ended March 31, 2011.

Total Income has increased by 21.80% to Rs20332.90 crore for the quarter ended March 31, 2012 from Rs16693.48 crore for the quarter ended March 31, 2011.

Audited results for the Year ended March 31, 2012

The net profit of the company rose by 32.75% to Rs25122.92 crore for the year ended March 31, 2012 as compared to Rs18924.00 crore for the year ended March 31, 2011.

Total Income has gained by 12.89% to Rs80995.42 crore March 31, 2012 from Rs71745.50 crore for the year ended March 31, 2011.

Consolidated Results

Audited results for the Year ended March 31, 2012

The net profit of the company rose by 25.32% to Rs28143.61 crore for the year ended March 31, 2012 as compared to Rs22455.94 crore for the year ended March 31, 2011.

Total Income has surged by 22.82% to Rs152132.54 crore for the year ended March 31, 2012 from Rs123864.11 crore for the year ended March 31, 2011.

The Board of Directors of the Company at its meeting held on May 29, 2012, has also recommended a final Dividend @ Rs2.00 per equity share of Rs5/- each, for the Financial Year 2011-12, subject to approval of the shareholders at the ensuing Annual General Meeting.
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