ONGC shares drop 4% post Q3 earnings despite profit rise
pre-market1 source ↓written by the desknot a recommendation
- to an intraday
- 3.75%
- after reporting
- ₹266
- increase in consolidated
- 23% YoY
- for Q3FY26
- ₹11,946.42 cr
- earnings per barrel
- 10% lower
Shares of Oil & Natural Gas Corporation fell 3.75% to an intraday low of ₹266 after reporting a 23% YoY increase in consolidated net profit to ₹11,946.42 cr for Q3FY26. Despite strong earnings, the company realized over 10% lower earnings per barrel of crude produced. The board declared a ₹6.25 dividend. 📉
Not investment advice. For informational purposes only.