Epic Update : ONGC Q3

Net profit at Rs 5,562.7 Crore Versus Rs 6,741 Crore (YoY)
Net sales at Rs 20,987 Crore Versus Rs 18,123 Crore (YoY)
Gross realisation at USD 110.16 a barrel Versus USD 111.48 a barrel (YoY)
Net realisation at USD 47.97 a barrel Versus USD 44.71 a barrel (YoY)
Subsidy burden Rs 12,433 Crore Versus Rs 12,536 crore (YoY)
ONGC says: Subsidy burden impacted Q3 bottomline
Company’s FY13 crude oil production seen 27 mt
Current cost of crude production around USD 42 a barrel
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