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India's largest oil and gas producer, ONGC has reported a drop in profit. In the fourth quarter, the firm's standalone net profit went down by 32% and was at Rs 4,045 crore. The company's revenue from operations rose by 12% to Rs 26,759 crore. ONGC informed, “ONGC Board has recommended final dividend of 15%. The Company had earlier declared interim dividends of 125% during the year."