Oil and Natural Gas Corporation (ONGC) touched a 52-week low of Rs 101.10, falling 2 percent in the early trade on February 17 after the state-run company reported its third quarter numbers.
The company posted a 49.75 percent year-on-year (YoY) fall in standalone profit at Rs 4,151.63 crore for the quarter ended December 31. The state-run oil explorer posted a profit of Rs 8,262.70 crore in the same period last year.
EBITDA came at Rs 12,298.3 crore against CNBC-TV18's poll of Rs 12,734 crore, while EBITDA margin stood at 51.9 percent against CNBC-TV18's poll of 52 percent.
The company’s total income fell 16 percent YoY to Rs 25,112.55 crore during the quarter under review.
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