ONGC topples IOC to regain most profitable public sector company

ONGC, India's top oil and gas producer, has toppled Indian Oil Corp (IOC) to regain crown of being the country's most profitable public sector company.

According to earnings statements of the listed companies, Oil and Natural Gas Corp (ONGC) reported a 34 percent jump its in 2018-19 fiscal net profit to Rs 26,716 crore.