Business Standard

Oil Country bags ONGC order

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G Singa Rao Hyderabad
 The company also secured a small order worth $1 million from Iran and is currently executing a $ 4 million order from Syrian Petroleum Company.

 OCTL hopes to end up the current fiscal with a net profit on the back of these orders. It suffered a loss of Rs 2.28 crore on a sales of Rs 54 crore during last fiscal.

 The company made a nominal profit of Rs 10 lakh on a turnover of Rs 6.35 crore for the first quarter of current fiscal.

 

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First Published: Aug 29 2003 | 12:00 AM IST

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