ONGC Q3 Profit Falls On Higher Depreciation Costs
An employee pours a sample of oil into a test tube in the control laboratory at a blending plant in Torzhok, Russia. (Photographer: Andrey Rudakov/Bloomberg)

ONGC Q3 Profit Falls On Higher Depreciation Costs

Oil and Natural Gas Corporation Ltd.’s profit declined in the quarter ended December on higher depreciation costs.Net profit of the country’s largest oil explorer fell 2.3 percent sequentially to R...
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