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State-owned shaper and explorer Oil and Natural Gas Company (ONGC) connected Monday (November 10, 2025) reported consolidated nett profits successful the September-end 4th roseate 28.2% to ₹12,615 crore connected a year-over-year basis, aided by improved operating margins.
Operating borderline successful the reported 4th roseate 275 ground points to 13.11% from the corresponding play past twelvemonth with the nett net borderline summation by 181 ground points to 7.99%.
The institution besides declared their archetypal interim dividend of ₹6 connected each equity stock of ₹5. It would beryllium payable November 14.
Notwithstanding the summation successful consolidated profits, ONGC’s revenues took a marginal 0.9% deed to timepiece astir ₹1.58 lakh crore during the mentioned play arsenic the explorer navigates a little terms authorities from the comparable period last year. On a standalone basis, the company’s crude lipid terms realisation dropped 14% connected a year-over-year ground to ₹67.34 for each barrel.
Standalone crude accumulation during the mentioned play accrued 1.2% connected a year-over-year ground to 4.63 cardinal metric tonnes.
ONGC had stated successful October that it expects lipid prices to stay betwixt $60-65/barrel for the adjacent 2 to 3 years, barring “few ups and downs”, and sought to hole itself accordingly. It is seeking to trim 15% costs organisation-wide via varied optimisation measures. Primary absorption areas see addressing logistical costs alongside enhancing ratio and task execution.
E&P adjacent Oil India is scheduled to reported their net for the September-end 4th connected November 14.
At the clip of penning (Monday, 11:30 p.m. IST), Brent Crude futures were trading astatine $63.86 for barrel. Scrips of ONGC closed 0.24% little astatine ₹251.35 apiece astatine the BSE connected Monday, and 0.28% astatine ₹251.50 apiece connected the NSE.
