06-August-2026
Corporate News
 
ONGC profit doubles to Rs 17,034 crore on higher oil prices
05-Aug-2026

State-owned Oil And Natural Gas Corporationā€˜s standalone net profit more than doubled to Rs 17,033.81 crore in the June quarter, supported by sharply higher crude oil and gas realisations. Net profit rose 112.3% from Rs 8,024.23 crore in the corresponding quarter last year, while revenue from operations increased 45.2% to Rs 46,460.45 crore from Rs 32,002.89 crore. The upstream major reported its highest-ever quarterly profit before tax of Rs 22,848.02 crore, against Rs 10,744.33 crore a year earlier.

News Source:- https://www.financialexpress.com/business/industry-ongc-profit-doubles-to-rs-17034-crore-on-higher-oil-prices-4310422/