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HDFC Securities: ONGC Q2 Review - Lower Oil, Gas Realisations To Drag Profitability

While ONGC’s revenue in Q2 missed estimates due to lower-than-expected crude oil price realisations, its ebitda was in line.

Emissions rise from chimneys at the Oil and Natural Gas Corporation Ltd.  Uran plant. (Photographer: Dhiraj Singh/Bloomberg)
Emissions rise from chimneys at the Oil and Natural Gas Corporation Ltd. Uran plant. (Photographer: Dhiraj Singh/Bloomberg)
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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