ONGC Profit Jumps

摘要

Higher oil and gas prices and a lower sub- sidy burden helped Indian state-run explor- er Oil and Natural Gas Corp. (ONGC) post a 60% jump in quarterly profit and beat mar- ket expectations. Profits were also bolstered by one-off ben- efits on account of lower write-offs and for- eign exchange gains on a sharply weaker ru- pee during the quarter.