ONGC Boosts Earnings, Declares 2nd Interim Dividend of Rs. 6.25; Highest Ever Cumulative Interim Dividend of Rs. 15,411 Crore

Oil and Natural Gas Corporation Ltd (ONGC) has posted a consolidated net profit of ₹ 11,946 crore during Q3 FY’26, up by 23%. The standalone net profit of Q3 FY’26 has gone up by 1.6% to ₹ 8,372 crore. The standalone crude oil production has risen by 0.35% for 9M FY’26. The standalone natural gas production in Q3 FY’26 has registered an uptick while the 9M FY’26 output remains steady. The company has announced a 2nd interim dividend of 125% i.e. ₹ 6.25 and the highest ever cumulative interim dividend of ₹ 15,411 crore. The TSP-1 at Mumbai High Field is showing encouraging results. The KG-98/2 - All imported mega structures and modules have been successfully installed at Eastern Offshore. The Western Offshore Daman Upside Development Project is nearing gas production start and 4 major infrastructure projects are nearing completion. The revenue from New Well Gas has crossed ₹ 5,000 crore during the current FY’26. The 2nd Interim dividend of 125% has been declared taking the cumulative dividend for FY’26 to 245%.