New Delhi, May 27 -- Oil and Natural Gas Corporation (ONGC) share price fell 3.5% on Wednesday, 27 May, after the company reported its March-quarter earnings, which were weighed down by lower production and higher exploration write-offs.

The state-owned energy major reported a 3% year-on-year increase in consolidated net profit to Rs.6,649.97 crore for the quarter ended March 2026, compared with Rs.6,448.28 crore in the year-ago period. However, profit declined sequentially from Rs.8,371.85 crore reported in the December quarter.

Revenue from operations rose marginally to Rs.35,928.18 crore during the quarter from Rs.34,982.23 crore in the corresponding period last year, supported by higher crude oil and natural gas prices.

For the ful...