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ONGC Q2 net profit rises 57% to Rs 15,489 crore on higher crude realisations

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Oil and Natural Gas Corporation (ONGC) reported a 57.3 per cent year‑on‑year increase in standalone net profit to Rs 15,489 crore for the second quarter of FY27, driven by higher crude oil and gas realisations. The company also announced an interim dividend of ₹8 per equity share and awarded offshore development projects valued at Rs 11,800 crore to bolster future production.

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Oil and Natural Gas Corporation (ONGC) reported a 57.3 per cent year-on-year rise in standalone net profit to Rs 15,489 crore in the second quarter of FY27, supported by higher crude oil realisations, while awarding offshore development projects worth Rs 11,800 crore to strengthen future production.

✓ High Corroboration ⚡ Cross-Spectrum Consensus 6 news outlets reporting

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The Tribune Center The Tribune Trust Current article

ONGC Q2 net profit rises 57% to Rs 15,489 crore on higher crude realisations

Oil and Natural Gas Corporation (ONGC) reported a 57.3 per cent year-on-year rise in standalone net profit to Rs 15,489 crore in the second quarter of FY27, supported by higher crude oil realisations, while awarding offshore development projects worth Rs 11,800 crore to strengthen future production.

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