POSTED BY September 26, 2012 10:50 am COMMENTS (2)
ONएवढ्या प्रोफिटमध्ये असूनही सरकार डीझेल ची किंम्मत का वाढवते?
Oil and Natural Gas Corporation (ONGC) Limited declared a net profit of Rs.25,123 crore for the year 2011-12. For the following quarter ending June 30, 2012, it has reported a further growth of 48.4%.
Indian Oil Corporation (IOC) has reported a net profit of Rs.4,265.27 crore.
Hindustan Petroleum Corporation Ltd (HPCL) reported a net profit of Rs.911 crore. For the last quarter, January-March 2012, this further increased by 312%.
Bharat Petroleum has reported a net profit of Rs.1,546.68 crore.
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Dear Narendra, May I know your yly income please?
Thanks
Ashal
Hi,
Tell me one reason why Govt shouldn’t rise the diesel price ? Govt import oil at high price from other countries and selling us at low cost ( Subsidies ). So our trade gap has been widen for the last one year, this could weaken the Rupee to all time low. So govt impose taxes to reduce the consumption.
Many oil companies are in profits now. So they can expand their business and invest on R&D to invent New oil blocks, upgrading to New technology …etc. Recently we heard that ONGC Expanding the company.
Thanks,
Sekhar