ONGC Q2FY21: Analysts expect weak show as revenue likely to slip 30%-March 2024-www.financetom.com

ONGC Q2FY21: Analysts expect weak show as revenue likely to slip 30%

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ONGC Q2FY21: Analysts expect weak show as revenue likely to slip 30%

Nov 12, 2020 10:08 AM

State-owned Oil and Natural Gas Corporation (ONGC) will be reporting its Q2FY21 numbers on Friday. On a year-on-year (YoY) basis, it is likely to be a weak quarter for ONGC. However, sequentially there might be an improvement.

Overall, revenue is expected to decline by 31 percent and EBITDA is expected to go down by 44 percent.

(Edited by : Abhishek Jha)

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