ONGC’s Q3 FY26 results: Net profit increases 22% to ₹11,946 crore | Company News
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ONGC recorded 0.35 per cent growth in its crude oil production during the first nine months of FY26, while natural gas production remained stable during the period. (Photo: Twitter)
Consolidated net profit of state-owned Oil and Natural Gas Corporation (ONGC) increased 22.6 per cent year-on-year (y-o-y) to ₹11,946 crore in the third quarter of the financial year 2025-26. The company’s third-quarter operating revenue remained flat year-on-year at ₹1.67 trillion. The ONGC board declared a second interim dividend of ₹6.25 per share. The total payout would be ₹7,863 crore for the dividend. The record date for the distribution of the dividend has been set for February 18, 2026. ONGC recorded 0.35 per cent growth in its crude oil production during the first nine months of FY26, while natural gas production remained stable during the period. During the first nine months, revenue from new well gas stood at ₹5,028 crore, generating incremental revenue of ₹944 crore over the APM gas price.
» said the company in a press release. Greenfield gas currently contributes over 18 percent of the total gas sales revenue from ONGC’s portfolio.
ONGC has acquired a total of 735.82 linear kilometers (LKM) 2D and 4,484.59 square kilometers (SKM) 3D seismic data till December 31, 2025. The company monetized two hydrocarbon discoveries during the quarter, namely Anor in block NELP-VII CB-ONN-2005/10 in Gujarat and Gojalia-14 in Gojalia PML in Tripura.
First publication: February 12, 2026 | 11:37 p.m. STI
