New Delhi: Oil and Natural Gas Corp Ltd posted a 61% jump in second-quarter profit on Saturday, with higher crude oil prices helping it to beat forecasts.

ONGC’s net profit stood at ₹ 8,265 crore in the quarter ended 30 September, compared with ₹ 5,130 crore a year earlier, the company said in a stock exchange filing.

Analysts on average had expected a profit of ₹ 6,861 crore, according to Refinitiv data.

Income from operations rose 47.5% to ₹ 27,989 crore, ONGC said.

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed

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