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ONGC may head north after strong Q1 outcome

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Capital Market
Last Updated : Aug 03 2018 | 9:04 AM IST

ONGC reported 58.15% rise in net profit to Rs 6143.88 crore on 39.47% rise in total income to Rs 27862.71 crore in Q1 June 2018 over Q1 June 2017. The result was announced after market hours yesterday, 2 August 2018.

On a consolidated basis, Indiabulls Housing Finance reported 30.29% rise in net profit to Rs 1054.72 crore on 23.81% rise in total income to Rs 4071.32 crore in Q1 June 2018 over Q1 June 2017. The result was announced after market hours yesterday, 2 August 2018.

On a consolidated basis, Torrent Pharmaceuticals reported 13.3% fall in net profit to Rs 163 crore on 28.4% rise in total income to Rs 1899 crore in Q1 June 2018 over Q1 June 2017. The result was announced after market hours yesterday, 2 August 2018.

MOIL reported 16.07% rise in net profit to Rs 113.44 crore on 5.42% fall in total income to Rs 360.99 crore in Q1 June 2018 over Q1 June 2017. The result was announced after market hours yesterday, 2 August 2018.

Mphasis said that the board of directors of the company, at its meeting scheduled to be held on 7 August 2018, would be considering a proposal for buy-back of the equity shares of the company. The announcement was made after market hours yesterday, 2 August 2018.

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First Published: Aug 03 2018 | 8:40 AM IST

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