ONGC shares fell as much as 4% on Wednesday despite the state-run explorer reporting a 46% YoY rise in co ...More

ONGC shares fell as much as 4% on Wednesday despite the state-run explorer reporting a 46% YoY rise in consolidated Q4 net profit to Rs 10,820 crore. Revenue from operations grew 4% to Rs 1,73,805 crore, while standalone FY26 profit stood at Rs 32,894 crore. The company also highlighted strong performance by key subsidiaries, including HPCL, MRPL, ONGC Videsh and OPaL. ...Less

Oil & Natural Gas Corporation (ONGC) reported a significant 46% surge in consolidated net profit to Rs 10 ...More

Oil & Natural Gas Corporation (ONGC) reported a significant 46% surge in consolidated net profit to Rs 10,820 crore for the March-ended quarter. This growth was driven by a 4% increase in revenue from operations, reaching Rs 1,73,805 crore. The company also recommended a final dividend and approved a joint venture for a liquid port in Dahej, Gujarat. ...Less

Domestic markets ended lower for a second straight session. JP Power surged nearly 20% on Adani Power’s s ...More

Domestic markets ended lower for a second straight session. JP Power surged nearly 20% on Adani Power’s stake-buy deal, while NALCO gained on rising aluminium prices. ...Less

Revenue from operations during the reporting quarter rose 5% to Rs 1.64 lakh crore. It was Rs 1.55 lakh c ...More

Revenue from operations during the reporting quarter rose 5% to Rs 1.64 lakh crore. It was Rs 1.55 lakh crore in the corresponding quarter of last year. ...Less

The earnings were also hurt by the rise in exploration cost write-off, which increased 76% year-on-year t ...More

The earnings were also hurt by the rise in exploration cost write-off, which increased 76% year-on-year to Rs 4,469 crore in the fourth quarter. ...Less

ETNow Poll had predicted a net profit of Rs 4847 crore for the quarter under review. ...More

ETNow Poll had predicted a net profit of Rs 4847 crore for the quarter under review. ...Less

ONGC's total expense for the quarter declined 6% to Rs 19,463 crore. ...More

ONGC's total expense for the quarter declined 6% to Rs 19,463 crore. ...Less

Revenue for the period expanded nearly 12% to Rs 26,759 crore from a year earlier on higher oil prices. ...More

Revenue for the period expanded nearly 12% to Rs 26,759 crore from a year earlier on higher oil prices. ...Less

ONGC's consolidated net profit fell 53% YoY to INR 5,701cr ($768m) for the March quarter, while revenue f ...More

ONGC's consolidated net profit fell 53% YoY to INR 5,701cr ($768m) for the March quarter, while revenue from operations increased 5% YoY to INR 1.64 lakh crore. On a standalone basis, ONGC reported a net loss of INR 248cr, compared to a profit of INR 8,860 crore in the same quarter last year. Brokerage firms have mixed views on the company: JM Financial has maintained its buy rating, while YES Securities suggests adding the shares, and ICICI Securities recommends buying with a target price of INR 164 ($2.21). ...Less

The earnings season is wrapping up with 132 companies set to reveal their Q4 results on Wednesday. Key co ...More

The earnings season is wrapping up with 132 companies set to reveal their Q4 results on Wednesday. Key companies like ONGC, IndiGo, and IndusInd Bank are among those reporting. IndiGo is expected to announce a revenue jump. However, profit estimates vary among brokerages. Motilal Oswal anticipates a profit decline, while Kotak and ICICI Securities predict growth. ...Less

BoB Capital Markets expects standalone profit for ONGC to drop 58.6 per cent to Rs 1,673 crore on a 26 pe ...More

BoB Capital Markets expects standalone profit for ONGC to drop 58.6 per cent to Rs 1,673 crore on a 26 per cent fall in sales at Rs 19,803 crore. ...Less

India's top oil and gas producer had made a provision of Rs 9,235 crore in the January-March 2023 quarter ...More

India's top oil and gas producer had made a provision of Rs 9,235 crore in the January-March 2023 quarter towards disputed taxes for the period from April 1, 2016, to March 31, 2022. ...Less

State-owned Oil and Natural Gas Corp (ONGC) net profit soared by nearly 800 per cent in the first quarter ...More

State-owned Oil and Natural Gas Corp (ONGC) net profit soared by nearly 800 per cent in the first quarter of the current fiscal after more than doubling of oil prices compensated for a fall in production. Net profit in April-June at Rs 4,335 crore was 772. ...Less

Gross revenue in Q4 FY21 declined by 1 per cent to Rs 21,189 crore as against Rs 21,456 in Q4 FY20. But i ...More

Gross revenue in Q4 FY21 declined by 1 per cent to Rs 21,189 crore as against Rs 21,456 in Q4 FY20. But in FY21 it was down 29 per cent to Rs 68,141 crore from Rs 96,214 crore in FY20. ...Less

It had posted a net profit of Rs 4,239.50 crore in the corresponding quarter last year. ...More

It had posted a net profit of Rs 4,239.50 crore in the corresponding quarter last year. ...Less

The revenue from operations dropped to Rs 23,710.05 crore, from 27,694.09 crore a year ago. ...More

The revenue from operations dropped to Rs 23,710.05 crore, from 27,694.09 crore a year ago. ...Less

Apart from the above, NMDC, Bank of India, UPL, Hindustan Copper, Devyani International, Blue Dart Expres ...More

Apart from the above, NMDC, Bank of India, UPL, Hindustan Copper, Devyani International, Blue Dart Express, BEML, PG Electroplast and a few others will announce their quarterly results. ...Less

ONGC shares: The decline in profits was primarily due to a sharp rise in exploratory cost write-offs, whi ...More

ONGC shares: The decline in profits was primarily due to a sharp rise in exploratory cost write-offs, which surged to Rs 4,173 crore in the quarter, compared to Rs 794 crore in the corresponding period last year. ...Less

Consolidated revenue from operations declined 17.70 per cent YoY to Rs 83,619.16 crore. ...More

Consolidated revenue from operations declined 17.70 per cent YoY to Rs 83,619.16 crore. ...Less

ONGC's fourth-quarter profit declined by 35% to ₹6,448 crore. This was due to increased exploration expen ...More

ONGC's fourth-quarter profit declined by 35% to ₹6,448 crore. This was due to increased exploration expenses. Revenue saw a slight rise of 1% to ₹34,982 crore. The full-year profit also decreased by 12% to ₹35,610 crore. The company's board approved a dividend of Rs 1.25 per share. They also extended support to Opal for debt raising. ...Less

Revenue from operations increased nearly 36% YoY to Rs 38,583.3 crore ...More

Revenue from operations increased nearly 36% YoY to Rs 38,583.3 crore ...Less

Oil and Natural Gas Corporation (ONGC) reported a 9.9% year-on-year (YoY) decline in consolidated net pro ...More

Oil and Natural Gas Corporation (ONGC) reported a 9.9% year-on-year (YoY) decline in consolidated net profit for the quarter ended December 2023 to Rs 10,356 crore, compared to Rs 11,489 crore in the year-ago period. ...Less

Shares of ONGC Ltd jumped over 3% in early trade after the state-run firm reported a 60.4% jump in Q2 net ...More

Shares of ONGC Ltd jumped over 3% in early trade after the state-run firm reported a 60.4% jump in Q2 net profit on higher crude prices. ...Less