ONGC Q1 Financial Performance

2 entries over 2 days, from 5 August 2026 to 6 August 2026.

01
5 August

ONGC net profit growth

ONGC reported a 112% year-on-year increase in net profit for the June-ended quarter, reaching ₹17,034 crore.
The profit growth was primarily driven by a 50.4% increase in net crude oil price realisations, which reached $99.45 per barrel.
Gross revenue for the company grew by 45.2% year-on-year to ₹46,460 crore.
Standalone production levels for crude oil and natural gas remained stable compared to the previous year, at 4.452 MMT and 4.756 billion cubic metres (BCM) respectively.

02
6 August

ONGC reported a net profit of ₹17,034 crore for the June quarter, a year-on-year increase of over 112%.
Growth was primarily driven by a 50.4% increase in net crude oil price realisations, reaching $99.45 per barrel.
Gross revenue for the quarter stood at ₹46,460 crore, marking a 45.2% year-on-year growth.
Standalone production levels for crude oil (4.452 MMT) and natural gas (4.756 BCM) remained nearly flat compared to the same period in the previous year.

Newest first. A story that ran for 2 days is exactly the kind the mains paper asks about as one question.

Analyze the impact of global crude oil price fluctuations on the profitability of public sector oil exploration companies in India. How do stagnant production levels influence the long-term energy security of the nation? 150 words · 6 August
Discuss the impact of global crude oil price fluctuations on the profitability of public sector oil exploration companies in India. How do these fluctuations influence the fiscal health of the energy sector? 150 words · 5 August

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