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Oil and Natural Gas Corp’s (ONGC). File | Photo Credit: Reuters
Operating margin within the reported quarter rose 275 foundation factors to 13.11% from the corresponding interval final 12 months with the online revenue margin improve by 181 foundation factors to 7.99%.
The firm additionally declared their first interim dividend of ₹6 on every fairness share of ₹5. It can be payable November 14.
Notwithstanding the rise in consolidated earnings, ONGC’s revenues took a marginal 0.9% hit to clock about ₹1.58 lakh crore in the course of the talked about interval because the explorer navigates a cheaper price regime from the comparable interval final 12 months. On a standalone foundation, the corporate’s crude oil value realisation dropped 14% on a year-over-year foundation to ₹67.34 for each barrel.
Standalone crude manufacturing in the course of the talked about interval elevated 1.2% on a year-over-year foundation to 4.63 million metric tonnes.
ONGC had said in October that it expects oil costs to stay between $60-65/barrel for the following two to 3 years, barring “few ups and downs”, and sought to arrange itself accordingly. It is looking for to cut back 15% prices organisation-wide by way of assorted optimisation measures. Primary focus areas embody addressing logistical prices alongside enhancing effectivity and mission execution.
E&P peer Oil India is scheduled to reported their earnings for the September-end quarter on November 14.
At the time of writing (Monday, 11:30 p.m. IST), Brent Crude futures had been buying and selling at $63.86 for barrel. Scrips of ONGC closed 0.24% decrease at ₹251.35 apiece on the BSE on Monday, and 0.28% at ₹251.50 apiece on the NSE.
Published – November 11, 2025 12:58 pm IST
