ONGC Q1 PAT surges 112% YoY to Rs 17,034 crore
Mumbai, Aug. 5 -- Revenue from operations jumped 45.2% YoY to Rs 46,460.45 crore in the quarter ended 30 June 2026.
Profit before tax (PBT) more than doubled to Rs 22,848.02 crore, registering a 112.7% YoY increase from Rs 10,744.33 crore reported in Q1 FY26.
During the quarter, ONGC's net crude oil realisation increased 50.4% YoY to $99.45 per barrel, while gas price realisation rose 5.4% YoY to $7 per MMBtu.
Despite improved price realisations, production remained under pressure. Crude oil production declined 4.93% YoY to 4.452 million metric tonnes (MMT), while natural gas production fell 1.85% YoY to 4.756 billion cubic metres (BCM) during the reporting period.
On a consolidated basis, ONGC reported a 21.4% YoY increase in net pro...
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