Oil & Natural Gas Corporation has posted a net profit of Rs 34933.20 million (Rs 3493.32 crore) for the quarter ended December 31, 2004 as compared to Rs 17185.30 million (Rs 1718.5 crore) for the quarter ended December 31, 2003.
The total income (net of excise) has increased from Rs 75757.30 million (Rs 7575.73 crore) in the Q3-03 to Rs 125651.30 million (Rs 12565.13 crore) for the quarter ended December 31, 2004.