ONGC Q2 profit slips 18% to ₹9,848 crore as crude realizations weaken

ONGC’s Q2 FY26 profit declined 17.9% to ₹9,848 crore as crude realizations weakened, though production volumes and a ₹7,548 crore dividend remained steady.

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ONGC Q2 profit slips 18% to ₹9,848 crore as crude realizations weaken

ONGC Q2 profit slips 18% to ₹9,848 crore as crude realizations weaken
Oil and Natural Gas Corporation (ONGC) recorded a 17.9% year-on-year decline in Q2 FY26 profit to ₹9,848 crore, primarily due to lower crude oil realizations and higher operating costs. Revenue fell 2.5% to ₹33,031 crore as global benchmark prices softened during the quarter. The company declared an interim dividend of ₹7,548 crore. Crude production for the quarter stood at 5.25 million metric tonnes, while natural gas output reached 5.8 billion cubic meters, reflecting steady upstream performance despite pricing headwinds.
Related:
Exxon Mobil Corporation beats Q3 profit estimates on higher Guyana, Permian production
Economictimes• By Ayush Samantaray
Explore:High Return Equity Mutual Fund
neutral
1h ago

ONGC Q2 profit slips 18% to ₹9,848 crore as crude realizations weaken

ONGC Q2 profit slips 18% to ₹9,848 crore as crude realizations weaken
Oil and Natural Gas Corporation (ONGC) recorded a 17.9% year-on-year decline in Q2 FY26 profit to ₹9,848 crore, primarily due to lower crude oil realizations and higher operating costs. Revenue fell 2.5% to ₹33,031 crore as global benchmark prices softened during the quarter. The company declared an interim dividend of ₹7,548 crore. Crude production for the quarter stood at 5.25 million metric tonnes, while natural gas output reached 5.8 billion cubic meters, reflecting steady upstream performance despite pricing headwinds.
Related:
Exxon Mobil Corporation beats Q3 profit estimates on higher Guyana, Permian production
Economictimes• By Ayush Samantaray
Explore:High Return Equity Mutual Fund
Breaking
neutral

ONGC Q2 profit slips 18% to ₹9,848 crore as crude realizations weaken

about 2 hours ago
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ONGC Q2 profit slips 18% to ₹9,848 crore as crude realizations weaken

ONGC’s Q2 FY26 profit declined 17.9% to ₹9,848 crore as crude realizations weakened, though production volumes and a ₹7,548 crore dividend remained steady.

Oil and Natural Gas Corporation (ONGC) recorded a 17.9% year-on-year decline in Q2 FY26 profit to ₹9,848 crore, primarily due to lower crude oil realizations and higher operating costs. Revenue fell 2.5% to ₹33,031 crore as global benchmark prices softened during the quarter. The company declared an interim dividend of ₹7,548 crore. Crude production for the quarter stood at 5.25 million metric tonnes, while natural gas output reached 5.8 billion cubic meters, reflecting steady upstream performance despite pricing headwinds.
ONGC Q2 profit slips 18% to ₹9,848 crore as crude realizations weaken
Oil and Natural Gas Corporation (ONGC) recorded a 17.9% year-on-year decline in Q2 FY26 profit to ₹9,848 crore, primarily due to lower crude oil realizations and higher operating costs. Revenue fell 2.5% to ₹33,031 crore as global benchmark prices softened during the quarter. The company declared an interim dividend of ₹7,548 crore. Crude production for the quarter stood at 5.25 million metric tonnes, while natural gas output reached 5.8 billion cubic meters, reflecting steady upstream performance despite pricing headwinds.
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Related:
Exxon Mobil Corporation beats Q3 profit estimates on higher Guyana, Permian production
Source: Economictimes
By Ayush SamantarayExplore:High Return Equity Mutual Fund
Nov 12, 2025 • 14:41 IST

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