ONGC net dips 24% to Rs 3,661 cr

 The company had a net profit of Rs 4,847.92 crore in the same quarter of previous fiscal, ONGC said. The company paid Rs 5,515 crore towards fuel subsidy in April-June quarter 2010, against Rs 429 crore in the same period last year. Total income declined to Rs 14,230.22 crore in the quarter ended June 2010, from Rs 15,924 crore in the same period of the corresponding fiscal.