Site icon www.BureaucracyBuzz.com

ONGC Q2 FY’26 Results: 28% Profit Jump, Rs. 6 Interim Dividend

Oil and Natural Gas Corporation (ONGC) has reported a 28.2% rise in consolidated net profit to Rs. 12,615 crore for Q2 FY 2025–26, alongside the announcement of a 120% interim dividend (Rs. 6 per share).

Standalone profit stood at Rs. 9,848 crore, while crude oil production increased by 1.2%, continuing the company’s positive trajectory in domestic energy output.

ONGC’s Board of Directors, in its 402nd meeting on November 10, 2025, approved the results and dividend payout, with November 14 fixed as the record date.

The company made two new hydrocarbon discoveries—‘Vajramani’ and ‘MBS202HAA-1’—and expanded exploration under the Samudra Manthan Mission. Strategic collaborations were also announced with Vedanta Ltd, HPCL, JSW Steel, and Mitsui OSK Lines (Japan) to boost India’s energy sustainability and reduce imports.

With innovations like VisiTraK drilling technology and patented Fracturing Fluid solutions, ONGC continues to drive India’s energy security and technological leadership in the oil and gas sector.

Share this:
Exit mobile version