Quarterly Updates12 Aug 2025, 10:52 pm
ONGC Posts Q1 FY'26 Net Profit of ₹ 11,554 Crore, Up by 18.2%
AI Summary
Oil and Natural Gas Corporation Ltd. (ONGC) has declared its results for the first quarter (Q1) of FY 2025-26, posting a consolidated net profit of ₹ 11,554 crore, a significant increase of 18.2% compared to the same period last year. The standalone crude oil production has also increased by 1.2%, while new well gas revenue has crossed ₹ 1,700 crore. The company has made two discoveries in its operated acreages and has commenced production from the PY-3 Field and the North Karanpura block. ONGC has also received a patent for a process for estimating irreducible water saturation/BFV in clastic reservoirs from conventional log data.
Key Highlights
- Posts consolidated net profit of ₹ 11,554 crore, up by 18.2%
- Standalone crude oil production up by 1.2%
- New well gas revenue crosses ₹ 1,700 crore
- Commencement of production from the PY-3 Field and the North Karanpura block
- Received a patent for a process for estimating irreducible water saturation/BFV in clastic reservoirs from conventional log data