EnergyReader · 2026-08-07 10:16

ONGC's Doubled Profit Rests on a Shrinking Production Base

By EnergyReader Newsroom · August 7, 2026

ONGC's quarterly net income hit 170.34 billion rupees, roughly $1.8 billion, for the period ended June — a result the company disclosed on Tuesday (2026-08-04) that beat the 152.67 billion-rupee Bloomberg consensus by more than 11%. Revenue jumped 45% year-on-year to 464.60 billion rupees.

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