- ‘Maya Lady’ trailer promises a fresh family entertainer
- Congress spreading lies to malign SIR process: BJP
- Hyderabad: Metro-RTC common pass fares set for a major cut
- CMC launches drive to turn coconut waste into wealth
- HMWSSB pushes wider reuse of treated wastewater
- Meta joins Microsoft & Google in offering voluntary exit to staff
- EC announces SSR in 6 states
- CM Revanth Reddy urges Congress netas to celebrate Diwali at Indiramma houses
Oil price windfall lifts ONGC’s revenue 33%
In Short
Standalone net profit of Rs 15,488.64 crore in July-September - the second quarter of current 2026-27 fiscal year - compared with Rs 9,847.97 crore earning in the same period a year back, according to a company statement.
Share :
Oil price windfall lifts ONGC’s revenue 33%
New Delhi: State-owned Oil and Natural Gas Corporation (ONGC) on Thursday reported a 57.3 per cent year-on-year jump in standalone net profit in the September quarter, driven by higher crude oil and natural gas realisations despite a decline in production.
Standalone net profit of Rs 15,488.64 crore in July-September - the second quarter of current 2026-27 fiscal year - compared with Rs 9,847.97 crore earning in the same period a year back, according to a company statement.
The country's largest oil and gas producer also reported its highest-ever first-half standalone net profit of Rs 32,522 crore for April-September FY27, an increase of 82 per cent from Rs 17,872 crore in the corresponding period last year.
The H1 profit was almost equal to the Rs 32,894.02 crore profit the company earned in the full 2025-26 fiscal (April 2025 to March 2026).
Standalone gross revenue increased 33 per cent to Rs 43,875 crore in Q2 and 39 per cent to Rs 90,336 crore in first half (April-September).
