ONGC Q2 results: net profit rises 55.2% to Rs 16,743.54 crore
ONGC reported consolidated net profit of Rs 16,743.54 crore for Q2 FY27, up 55.2% from a year earlier, and declared a first interim dividend of Rs 8 per share, its filing with the National Stock Exchange shows.
Key points
- ONGC said in its filing that consolidated net profit attributable to owners was Rs 16,743.54 crore in the quarter ended 30 September 2026.
- Profit was 55.2% higher than a year earlier and 40.7% higher than the previous quarter, while revenue from operations was Rs 198,263.33 crore.
- The board declared a first interim dividend of Rs 8 per share with a record date of 12 November 2026, and approved a loan of up to Rs 10,000 crore to a subsidiary.
Oil and Natural Gas Corporation (ONGC) reported consolidated net profit attributable to its owners of Rs 16,743.54 crore for the quarter ended 30 September 2026 (Q2 FY27), according to its filing with the National Stock Exchange. That is 55.2% higher than a year earlier and 40.7% higher than the previous quarter. The company's board also declared a first interim dividend of Rs 8 per share.
What Happened
The company's filing with the National Stock Exchange, dated 5 November 2026, contains the unaudited consolidated results for the quarter and half year ended 30 September 2026, along with the auditors' limited review report.
Revenue from operations was Rs 198,263.33 crore in the quarter. That is 25.6% higher than Rs 157,913.60 crore in the same quarter a year earlier, and 3.3% lower than Rs 204,987.35 crore in the quarter ended 30 June 2026.
Profit for the period, before splitting it between owners and minority shareholders, was Rs 18,534.82 crore, against Rs 12,614.60 crore a year earlier and Rs 6,554.44 crore in the previous quarter. Of this, Rs 16,743.54 crore is attributable to the owners of the company, against Rs 10,784.88 crore a year earlier and Rs 11,898.93 crore in the previous quarter. Earnings per share were Rs 13.31, compared with Rs 8.58 a year earlier and Rs 9.46 in the previous quarter.
For the half year ended 30 September 2026, net profit attributable to the owners was Rs 28,642.47 crore, compared with Rs 20,588.95 crore in the same period a year earlier, a rise of 39.1%. Revenue from operations for the half year was Rs 403,250.68 crore, against Rs 321,019.93 crore.
The same board meeting made two other decisions. It declared a first interim dividend for 2026-27 at the rate of Rs 8 per equity share of face value Rs 5. The record date, which decides which shareholders are eligible, is 12 November 2026, and the filing says the dividend will be paid within 30 days of the declaration. The board also approved an inter-corporate loan to ONGC Videsh Limited, a wholly owned subsidiary, valid for five years, for a value not exceeding Rs 10,000 crore outstanding at any point of time, on terms to be agreed between the two companies.
What It Means
For shareholders, the filing sets out the dividend amount and the record date: those who hold the shares on 12 November 2026 are eligible for the Rs 8 per share payout.
The figures are consolidated, meaning they combine ONGC with its subsidiaries and its share of associates and joint ventures. The filing shows total income of Rs 201,458.47 crore for the quarter, which includes other income of Rs 3,195.14 crore.
The results are unaudited and were reviewed by the company's auditors, who gave a limited review report. The loan to ONGC Videsh is a transaction between the company and its own subsidiary, and the filing gives no interest rate or other terms.
Oquilia Data: Oil & Natural Gas Corporation Ltd. (NSE: ONGC)
| Close, 4 Nov 2026 | Rs 235.00 (+1.22% on the day) |
|---|---|
| Return 1M / 3M / 6M / YTD / 1Y | +5.68% / −2.89% / −19.77% / −2.24% / −6.88% |
| Against Nifty 50, 1M / 3M / YTD | −1.18 / −0.23 / +6.06 points |
| 52-week closing high / low | Rs 301.40 (29 Apr 2026) / Rs 219.80 (8 Oct 2026) |
| Turnover, 20-session average | Rs 225.26 cr; 63.4% delivered; latest volume 0.8x |
Closes adjusted for splits and bonuses; returns exclude dividends. Facts from NSE's files, not investment advice.
Full record: Oil & Natural Gas Corporation share price on Oquilia
Source: Company filing on NSE
Sources & Citations
- Company filing on NSE — National Stock Exchange of India