ONGC Q4 Net dips 6.2% at Rs 4340 cr on royalty payments
04:37, May 27, 2017
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Driven by a strong growth in revenues and an overall operational beat, oil and gas major Hindustan Petroleum Corporation's (HPCL) net profit for the March quarter beat Street expectations at Rs 1,819 crore against profit of Rs 1,590 crore during the previous quarter.
The company's total expenditure during the January-March quarter at Rs 20,696.46 crore also shot up 47.59 per cent, as compared to the expenses of Rs 14,022.15 crore in the fourth quarter of 2015-16.
Total income of Rs 26,234 crore was up nearly 30% on higher crude oil prices.
"We set out Rs 2,444 crore to clear royalty payments to Gujarat and Assam as had been ordered by the Supreme Court", ONGC Director (Finance) A K Srinivasan said.
Also, the company provisioned Rs 1,944 crore towards ensuing pay revision for employees. Its performance was better in inventory gain, which was Rs 743 crore in the fourth quarter of 2016-17, against Rs 37 crore gain reported past year.
Hours after the incident, the star tweeted that she was "broken" by the attack and "so, so sorry". "I don't have words". Braun went on to thank the emergency service workers who quickly came to the aid of affected concert-goers.
More importantly, how will R-Truth respond? Extreme Rules , a WWE Raw branded pay-per-view, will take place on June 4th. WWE has announced that Neville will defend the title against Aries in a submission match at " Extreme Rules 2017".
Shelby, who fatally shot an unarmed black man previous year , was found not guilty later Wednesday of first-degree manslaughter. Video had shown the 40-year-old Crutcher raising his hands as he walked toward his auto , and then lowering one hand.
Last season the league adjusted the rule as well, not requiring the teams to identify the player designated to return in advance. The NFL owners are meeting in Chicago this week and one of the things they'll be discussing is touchdown celebrations.
Ken Washington named vice president, Research and Advanced Engineering, and chief technology officer. Fleet will lead all Ford's operations in China, including Lincoln and Ford's Chinese joint ventures.
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Safari leader Theunis Botha, 51, came across a herd of breeding elephants while hunting with a group in Gwai, Zimbabwe. One of his associates shot at the cow but it crushed him as it fell, according to the Zimbabwean wildlife authorities.
Many of those caught up in the chaos were young fans of United States singer Ariana Grande , who had performed at the venue. Kind-hearted Manchester residents also welcomed strangers into their homes to help others stranded.
Prince Harry also attended the wedding breakfast alone, before the couple arrived at the Middleton family home shortly after 7pm. The dress had a high neckline and a corseted bodice, with draping to the front and a heart-shaped detail in the back.
Even though Mark went on to drop out of Harvard during his sophomore year, the initial development of Facebook was started there. Mark Zuckerberg has revealed the moment he found out he was accepted to Harvard and shared it on - where else, Facebook .
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