Overview
- Consolidated net profit rose 28.2% year-on-year to Rs 12,615 crore for Q2 FY26, as approved by ONGC’s Board.
- Standalone net profit fell 17.8% to Rs 9,848 crore, reflecting weaker crude realizations versus a year earlier.
- Average crude realization slipped to $67.34 per barrel from $78.33 a year ago, while legacy gas price averaged $6.75 per mmbtu.
- The Board declared a 120% interim dividend at Rs 6 per share, totaling Rs 7,548 crore, with November 14, 2025 as the record date.
- Operationally, crude output in Q2 rose 1.2% to 4.630 MMT and gas production held near 4.918 BCM, with two new western-offshore discoveries and deepwater drilling and seismic work progressing.