The Board of Directors of Oil and Natural Gas Corporation Limited (ONGC) announced the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, during their meeting held on May 26, 2026. The standalone revenue from operations for the quarter ended March 31, 2026, was ₹35,928.18 crore, compared to ₹31,546.51 crore in the previous quarter and ₹34,982.23 crore in the corresponding quarter of the previous year. The net profit for the quarter stood at ₹6,649.97 crore, against ₹8,371.85 crore in the preceding quarter and ₹6,448.28 crore in the same period last year.
| Financial Metric | Change QoQ (%) | Change YoY (%) |
|---|---|---|
| Revenue from Operations | 13.89% | 2.70% |
| Net Profit | -20.57% | 3.13% |
Oil and Natural Gas Corporation Limited (ONGC) is a leading Indian multinational crude oil and gas corporation. It is primarily engaged in the exploration, development, and production of oil and natural gas. As of May 2026, the company continues to focus on integrating its energy business and strengthening its logistical infrastructure, recently approving a 50:50 joint venture with the Gujarat Maritime Board to develop a 5 MMTPA liquid port at Dahej. Furthermore, the company has actively managed various legal and operational challenges, including arbitration proceedings and the implementation of new labor codes in 2026.
The company reported a standalone revenue of ₹35,928.18 crore for the quarter ended March 31, 2026, representing a 13.89% increase QoQ and a 2.70% increase YoY. Net profit for the same period was ₹6,649.97 crore, marking a 20.57% decrease QoQ and a 3.13% increase YoY. Famous investors and major institutional entities are typically monitored as part of the company’s investor relations; however, the board has specifically highlighted the recommendation of a final dividend of ₹1 per share (20%) for the financial year 2025-26, which is in addition to the interim dividends already declared.
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