By P.R. Venkat
Oil & Natural Gas Corp. Ltd. (500312.BY) said its first-quarter net profit fell 3.8% on year due to lower realization from crude oil sales and decline in contributions from its joint ventures.
Net profit for the quarter ended June was 59.04 billion rupees ($833.6 million), ONGC said late Tuesday.
Revenue fell 2.4% on year to INR265.56 billion.
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