ONGC Q2 profit declines 18% amid low oil prices
pre-market1 source ↓written by the desknot a recommendation
- in Q2FY26 profit
- 18% YoY decline
- due
- ₹9,848 cr
- Revenue also fell
- 2.5%
- ₹33,031 cr
- interim dividend
- ₹6/share
ONGC reported an 18% YoY decline in Q2FY26 profit to ₹9,848 cr due to lower crude prices. Revenue also fell 2.5% to ₹33,031 cr. The company announced an interim dividend of ₹6/share, totaling a payout of ₹7,548 cr. Additionally, ONGC approved a ₹421.5 cr investment in Ayana Renewable Power to enhance its renewable energy portfolio.
Not investment advice. For informational purposes only.