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ONGC Q4 profit misses forecast, down 19.5%; revenue up 1.6%

Oil and Natural Gas Corporation (ONGC) missed street expectations on Thursday with the fourth quarter net profit falling 19.5 percent year-on-year to Rs 3,935 crore. Slow growth in revenue, and higher tax burden, statutory levies & other expenses impacted the bottomline but other income supported.

first published: May 28, 2015 04:57 pm

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