Oil and Natural Gas Corporation Ltd

Oil & Natural Gas Corpn announced the cessation of Arup Kumar Das, Joseph Rozario Vijay Raj, and Rajiv Nischal as Executive Directors with effect from 01 November 2025 due to superannuation. Powered by Capital Market - Live

ONGC will hold a meeting of the Board of Directors of the Company on 10 November 2025.Powered by Capital Market - Live

Oil & Natural Gas Corpn (ONGC) announced the Ministry of Petroleum & Natural Gas, Government of India vide its communication dated 19 September 2025, addressing to contractor parties (M/s Vedanta, M/s Oil & Natural Gas Corporation and M/s TATA Petrodyne) of CB-OS/2 PSC Block, has conveyed that application for extension of Production Sharing Contract (PSC) filed by Contractor has not been accepted. The CB-OS/2 Block is an offshore block in west coast of India, was awarded to the contractors, in Pre New Exploration Licensing Policy (NELP) PSC on 30.06.1998. Subsequent to commercial Discovery of Oil & Gas, PML was granted in 2002. The block consisting of Lakhsmi and Gauri fields is currently producing 3400 Barrels of oil per day and 340000 SCMD of gas. Further, vide separate communication of even date, ONGC has been directed to take control of all data, assets, operations and responsibilities associated with the block in the capacity of Government Nominee. Accordingly, ONGC is taking over the control of the block. The above-mentioned directions given to ONGC to continue petroleum operations is a purely interim measure taken by the Govt. of India to maintain continuity of petroleum operations in public interest and safeguard petroleum reserve until the block is awarded to other party.Powered by Capital Market - Live

Oil & Natural Gas Corpn Ltd dropped for a fifth straight session today. The stock is quoting at Rs 231.45, down 0.46% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.34% on the day, quoting at 24858.25. The Sensex is at 81075.45, up 0.36%.Oil & Natural Gas Corpn Ltd has eased around 1% in last one month.Meanwhile, Nifty Energy index of which Oil & Natural Gas Corpn Ltd is a constituent, has eased around 1.05% in last one month and is currently quoting at 34290.65, down 0.13% on the day. The volume in the stock stood at 73.3 lakh shares today, compared to the daily average of 78.37 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 232.76, down 0.32% on the day. Oil & Natural Gas Corpn Ltd tumbled 21.7% in last one year as compared to a 0.73% slide in NIFTY and a 18.93% fall in the Nifty Energy index.The PE of the stock is 8.43 based on TTM earnings ending June 25.Powered by Capital Market - Live

Oil & Natural Gas Corpn Ltd is up for a third straight session in a row. The stock is quoting at Rs 241.61, up 1.21% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.48% on the day, quoting at 24743.45. The Sensex is at 80701.78, up 0.42%. Oil & Natural Gas Corpn Ltd has risen around 2.89% in last one month. Meanwhile, Nifty Energy index of which Oil & Natural Gas Corpn Ltd is a constituent, has risen around 0.68% in last one month and is currently quoting at 34155.3, up 1.55% on the day. The volume in the stock stood at 37.47 lakh shares today, compared to the daily average of 83.33 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 241.61, up 1.37% on the day. Oil & Natural Gas Corpn Ltd is down 25.01% in last one year as compared to a 2.12% drop in NIFTY and a 20.23% drop in the Nifty Energy index.The PE of the stock is 8.65 based on TTM earnings ending June 25.Powered by Capital Market - Live

ONGC Energy Centre Trust (OECT), the research and development arm of Oil and Natural Gas Corporation (ONGC), has entered into a formal agreement with Engineers India (EIL) on 18 August 2025 for the implementation of a Helium Recovery Demonstration Plant at ONGC's Kuthalam Gas Collection Station in Cauvery Asset, Tamil Nadu. The agreement encompasses the preparation of the Detailed Project Report (DPR), Basic Engineering Design Package (BEDP), and execution of the project through an EPCM and Supply model covering design, engineering, procurement, construction, commissioning, and performance testing. This project, based on the technology package developed by CSIR-Indian Institute of Petroleum (CSIR-IIP), seeks to recover Grade-A Helium of 99.995% purity from natural gas. The demonstration plant will process 750 Nm'/hr of natural gas and is designed with flexibility to operate at 110% of the design capacity. The total agreement value is Rs 39.42 crore (plus applicable GST), with the project scheduled for completion within 18 months.  Powered by Capital Market - Live

Oil & Natural Gas Corpn announced that S&P Global Ratings has upgraded the company's rating to BBB from BBB-. The outlook is Stable. The rating action follows the upgrade of India's sovereign rating to BBB from BBB-. The outlook is stable. Powered by Capital Market - Live

Revenue from operations declined 8.52% sequentially to Rs 32,002.89 crore in the quarter ended 30 June 2025. On a year-on-year basis, the company reported a 10.2% fall in standalone net profit to Rs 8,024.23 crore on a 9.3% drop in revenue from operations to Rs 32,002.89 crore in Q1 FY26 over Q1 FY25. Profit before tax (PBT) declined 10.1% YoY to Rs 10,744.33 crore in the quarter ended 30 June 2025. Total expenses fell 11.0% to Rs 22,469.06 crore during the quarter compared with Rs 25,242.86 crore in Q1 FY25. The cost of materials consumed stood at Rs 1,071.94 crore (up 32.9% YoY), the survey cost stood at Rs 533.87 crore (down 29.7% YoY), while the exploration well cost was at Rs 937.97 crore (up 6.1% YoY) during the period under review. The company's net crude oil realization was $66.13 per barrel (down 20.4% YoY) during the period under review. Gas from new wells is eligible for a 20% premium over the domestic APM gas price. ONGC is actively working to boost output from such wells. In Q1 FY26, revenue from new well gas stood at Rs 1,703 crore, delivering an additional Rs 333 crore compared to the APM gas price, the company said in a press release. The standalone crude oil production during Q1 FY26 stood at 4.683 million metric tonnes (MMT), up 1.2% from 4.629 MMT recorded in Q1 FY25. The standalone natural gas production was 4.846 billion cubic meters (BCM) in Q1 FY26 against 4.863 BCM in Q1 FY25. ONGC announced two offshore discoveries in Q1 FY'26'the 'Vajramani' prospect in Mumbai Offshore (SW), which tested at 2,122 barrels of oil per day (BOPD) and 83,120 cubic meters of gas daily, and the 'Suryamani' pool discovery in the Mukta Formation. Production commenced from the PY-3 Field in the Cauvery Basin and the North Karanpura coal bed methane block, while a new gas supply began to the CGD sector in Tripura. The company also commissioned its largest ASP (alkaline surfactant polymer) plant in Ahmedabad and its first onshore multiphase pumping system. On a consolidated basis, the company's net profit rose 18.20% year on year (YoY) to Rs 11,554.21 crore in Q1 FY26 from Rs 9,776 crore in Q1 FY25, while revenue from operations fell 3.47% YoY to Rs 1,63,108.12 crore from Rs 1,68,967.98 crore in the same quarter last year. Meanwhile, the board of directors has accorded approval for an investment of Rs 4,963.06 crore for setting up a 0.6 GW (300 MW solar and 300 MW wind) renewable power project by 2028. Maharatna Oil and Natural Gas Corporation (ONGC) is the largest crude oil and natural gas company in India, contributing around 71% to Indian domestic production. It has in-house service capabilities in all areas of exploration and production of oil & gas and related oil-field services. Powered by Capital Market - Live

Net profit of Oil & Natural Gas Corpn declined 1.71% to Rs 9804.07 crore in the quarter ended June 2025 as against Rs 9974.42 crore during the previous quarter ended June 2024. Sales declined 3.47% to Rs 163108.12 crore in the quarter ended June 2025 as against Rs 168967.98 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales163108.12168967.98 -3 OPM %15.7412.89 - PBDT24911.1021626.03 15 PBT15527.1413125.39 18 NP9804.079974.42 -2 Powered by Capital Market - Live

ONGC announced that the Annual General Meeting(AGM) of the company will be held on 29 August 2025.Powered by Capital Market - Live