EnergyReader · 2026-08-07 01:05

ONGC Quarterly Profit Doubles as Hormuz Supply Shock Reshapes Indian Oil Economics

By EnergyReader Newsroom · August 7, 2026

India's Oil and Natural Gas Corporation reported net income of 170.34 billion rupees, roughly $1.8 billion, for the quarter ended June, results published on Tuesday (2026-08-04) showed, beating the 152.67 billion-rupee average estimate compiled by Bloomberg. Revenue jumped 45% from a year earlier to 464.60 billion rupees.

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