Oil India reported a near doubling of Q1 profit to ₹4,027 crore, supported by higher crude production, strong NRL earnings and a gas discovery.

State-owned Oil and Natural Gas Corporation (ONGC) reported a more than two-fold jump in its profit for the April-June quarter on Tuesday. The spike was fueled by higher crude oil…

India’s Oil and Natural Gas Corporation more than doubled its quarterly profit as higher crude and natural gas prices—and a weaker rupee—more than made up for another drop in…