Oil & Natural Gas Corporation quarterly results and financials

Oil & Natural Gas Corporation (ONGC)₹233.50−0.55%(9 Nov 2026 close)Oil Exploration & Production

Key facts

In the Jun 2026 quarter (consolidated), Oil & Natural Gas Corporation reported sales of ₹2.05 L Cr, up 25.7% from Jun 2025, and net profit of ₹6,571 Cr, down 43.3% year on year. For the year to Mar 2026, sales were ₹6.61 L Cr and net profit ₹49,877 Cr.

Sales (Jun 2026): ₹2.05 L Cr
Net profit (Jun 2026): ₹6,571 Cr
Sales (FY Mar 2026): ₹6.61 L Cr
Net profit (FY Mar 2026): ₹49,877 Cr
EPS (Jun 2026): ₹9.45
Borrowings (Mar 2026): ₹1.74 L Cr

Company filings, consolidated accounts; latest reported quarter Jun 2026

Oil & Natural Gas Corporation quarterly results

₹ crore unless stated; each column is a quarter.

Oil & Natural Gas Corporation Quarterly results
	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	1,47,493	1,66,983	1,71,815	1,68,795	1,58,981	1,66,826	1,67,420	1,62,919	1,57,776	1,67,124	1,73,558	2,04,835
Expenses	1,19,373	1,46,615	1,48,654	1,46,974	1,38,591	1,42,651	1,45,772	1,36,965	1,31,166	1,41,857	1,48,234	1,89,106
Operating Profit	28,058	20,361	23,200	21,776	20,574	24,339	21,745	25,751	26,515	25,322	25,341	15,477
OPM %	19.0%	12.1%	13.0%	13.1%	13.1%	15.1%	13.0%	16.1%	17.1%	15.1%	15.1%	8.0%
Other Income	3,686	4,309	3,384	3,544	4,174	2,422	3,557	2,474	3,459	3,463	5,723	3,869
Interest	3,247	3,211	3,615	3,698	3,835	3,756	3,270	3,345	3,419	3,213	3,077	2,859
Depreciation	7,051	7,472	8,387	8,478	8,220	9,514	8,886	9,359	9,239	9,361	9,313	9,443
Profit before tax	21,437	13,960	14,576	13,138	12,658	13,496	13,135	15,504	17,289	16,206	18,647	7,016
Tax %	24.9%	24.9%	23.9%	25.9%	21.9%	27.9%	31.9%	25.9%	26.9%	25.9%	26.9%	7.0%
Exceptional items	72.78	0.00	−1,316	0.00	−17.94	0.00	−84.80	−13.96	0.00	31.92	−337	37.91
Net Profit	16,207	10,536	11,126	9,799	9,864	9,774	8,992	11,580	12,643	11,971	13,701	6,571
EPS (Rs)	10.88	8.50	7.96	7.94	8.13	6.83	5.90	7.78	8.56	7.97	8.61	9.45

Oil & Natural Gas Corporation profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Oil & Natural Gas Corporation Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	1,23,872	2,82,036	3,22,115	4,21,301	3,96,268	3,03,185	4,90,419	6,31,161	6,00,455	6,10,865	6,61,319	7,03,293
Expenses	84,794	2,29,072	2,65,253	3,45,855	3,43,849	2,53,777	4,10,341	5,56,103	4,98,329	5,22,448	5,58,317	6,10,362
Operating Profit	39,139	52,770	56,877	74,805	52,072	49,407	79,845	75,524	1,02,277	88,774	1,03,073	92,655
OPM %	32.1%	19.1%	18.0%	18.1%	13.1%	16.1%	16.1%	12.1%	17.0%	15.0%	16.1%	13.2%
Other Income	1,071	12,756	10,462	9,598	984	11,315	6,816	−30.10	14,749	13,313	14,982	16,514
Interest	3,770	3,597	5,009	5,851	7,505	5,085	5,709	7,908	13,051	14,563	13,061	12,568
Depreciation	16,320	20,162	23,036	23,614	26,533	25,431	26,790	24,484	30,320	35,102	37,265	37,356
Profit before tax	20,058	41,753	39,200	54,903	18,969	30,119	54,089	43,043	73,662	52,390	67,649	59,157
Tax %	34.9%	29.9%	33.9%	37.9%	39.9%	28.9%	8.9%	23.9%	24.9%	26.9%	25.9%	—
Exceptional items	−5,039	435	162	−967	−4,415	671	−1,449	−5,360	−1,164	−43.90	−314	−267
Net Profit	13,143	29,238	26,114	34,009	11,492	21,427	49,385	32,875	55,424	38,445	49,877	44,886
EPS (Rs)	10.02	19.01	17.22	24.27	8.58	12.95	36.15	28.18	39.02	28.78	32.94	34.59
Dividend payout %	56.1%	40.0%	38.0%	29.1%	58.1%	28.0%	29.1%	40.0%	31.0%	43.1%	40.1%	—

Oil & Natural Gas Corporation balance sheet

₹ crore, at each year end.

Oil & Natural Gas Corporation Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	4,280	4,281	6,408	6,413	6,285	6,285	6,290	6,283	6,283	6,283	6,284	6,280
Reserves	1,76,416	1,93,737	1,88,070	1,97,622	2,10,672	1,99,026	2,14,791	2,53,202	2,74,517	3,32,701	3,37,273	3,65,597
Borrowings	54,050	45,574	80,075	1,06,508	1,07,712	1,29,452	1,33,323	1,21,945	1,42,278	1,91,357	1,87,766	1,74,284
Other Liabilities	1,03,945	98,932	1,70,928	1,49,378	1,68,472	1,74,621	1,88,480	2,02,593	1,91,049	2,07,348	2,22,461	2,46,864
Total Liabilities	3,38,690	3,42,522	4,45,479	4,59,919	4,93,141	5,09,384	5,42,884	5,84,023	6,14,127	7,37,689	7,53,784	7,93,025
Fixed Assets	1,80,647	1,67,038	2,12,071	2,26,835	2,31,113	2,44,967	2,44,627	2,55,190	2,51,834	3,18,372	3,37,981	3,71,052
CWIP	63,599	57,831	59,197	61,664	69,290	84,067	1,00,704	1,07,051	1,14,326	1,19,038	1,16,102	91,795
Investments	4,745	33,344	70,677	67,193	66,771	56,665	60,234	66,530	78,746	1,00,702	95,471	1,00,886
Other Assets	89,698	84,309	1,03,535	1,04,228	1,25,967	1,23,684	1,37,319	1,55,252	1,69,221	1,99,577	2,04,229	2,29,293
Inventories	11,328	10,726	30,460	31,163	35,824	33,982	45,638	55,227	45,135	54,672	59,769	64,791
Trade receivables	18,783	8,323	12,525	13,886	15,392	9,160	15,990	19,158	18,742	19,699	21,207	21,989
Cash & equivalents	16,155	24,792	13,269	5,079	4,840	9,672	7,219	6,869	29,242	41,968	27,267	32,299
Total Assets	3,38,690	3,42,522	4,45,479	4,59,919	4,93,141	5,09,384	5,42,884	5,84,023	6,14,127	7,37,689	7,53,784	7,93,025

Oil & Natural Gas Corporation cash flow

₹ crore, for each year.

Oil & Natural Gas Corporation Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	33,833	46,145	45,593	56,541	61,178	70,372	46,988	77,901	83,928	98,461	90,586	1,12,260
Cash from investing activity	−30,011	−38,204	−43,687	−66,681	−37,030	−53,011	−39,061	−41,096	−72,624	−57,331	−42,791	−57,546
Cash from financing activity	−10,666	−8,991	−1,873	9,940	−23,366	−16,780	−8,265	−35,897	−12,952	−45,112	−48,050	−56,477
Net cash flow	−6,759	−936	99.12	−97.13	1,003	709	−195	1,263	−1,507	−3,595	59.07	−1,289
Capex	16,836	15,076	20,439	27,737	25,858	42,145	32,215	33,333	36,657	38,030	40,923	53,817
Free cash flow	17,096	31,232	25,505	29,096	35,787	28,778	15,165	45,246	47,850	61,065	50,248	59,592
CFO / OP %	102.1%	138.1%	105.0%	119.1%	103.1%	155.1%	111.1%	115.1%	132.1%	111.1%	118.1%	128.1%

Oil & Natural Gas Corporation ratios

Working-capital days and returns, by year.

Oil & Natural Gas Corporation Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	42	24	15	15	12	7	18	13	10	11	12	11
Inventory days	65	105	65	56	48	46	85	90	61	87	99	59
Days payable	174	289	50	47	40	30	50	65	45	60	63	42
Cash conversion cycle	−67	−161	30	24	21	23	54	39	27	38	47	28
Working capital days	−30	−59	−85	−61	−44	−54	−50	−24	−30	−46	−37	−33
ROCE %	13.0%	13.0%	17.0%	14.0%	19.0%	10.0%	9.0%	16.1%	14.1%	18.0%	12.0%	14.0%

Oil & Natural Gas Corporation: frequently asked questions

What are the latest quarterly results of Oil & Natural Gas Corporation?

For the Jun 2026 quarter, Oil & Natural Gas Corporation reported sales of ₹2.05 L Cr, up 25.7% year on year and net profit of ₹6,571 Cr, down 43.3% year on year. The operating margin was 8.0%.

What is the annual revenue of Oil & Natural Gas Corporation?

Oil & Natural Gas Corporation's sales for the year to Mar 2026 were ₹6.61 L Cr; over the last twelve months they were ₹7.03 L Cr.

What is the net profit of Oil & Natural Gas Corporation?

Net profit for the year to Mar 2026 was ₹49,877 Cr, and ₹44,886 Cr over the last twelve months. Earnings per share over the same trailing period were ₹34.59.

How much debt does Oil & Natural Gas Corporation have?

Oil & Natural Gas Corporation reported borrowings of ₹1.74 L Cr at Mar 2026, against cash and equivalents of ₹32,299 Cr.

What is the free cash flow of Oil & Natural Gas Corporation?

Cash from operations was ₹1.12 L Cr in the year to Mar 2026; after capital spending, free cash flow was ₹59,592 Cr.

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