Category : Business
 ONGC, India’s top oil and gas producer, has toppled Indian Oil Corp (IOC) to regain the crown of being the country’s most profitable public sector company. According to earnings statements of the listed companies, Oil and Natural Gas Corp (ONGC) reported a 34 percent jump it’s in 2018-19 fiscal net profit to Rs 26,716 crore. In comparison, IOC registered a net profit of Rs 17.274 crore for the fiscal year ended March 31, 2019. ONGC, in the previous two financial years, had lost the most profitable PSU tag to IOC. |
| Source-Business Today |
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