ONGC’s consolidated net profit in the July-September quarter of FY26 reported an increase of 28.2 per cent year-on-year (YoY) to Rs 12,615 crore, while the standalone net profit in the quarter stood at Rs 9,848 crore.
The state-owned Oil and Natural Gas Corporation Limited (ONGC) has declared a 120 per cent dividend for its shareholders, marking one of the highest dividend payouts in recent times. This significant increase is expected to provide substantial returns to ONGC’s investors.
The quarterly results indicate a notable improvement in ONGC’s financial performance compared to the same period last year. The company’s ability to navigate the challenges of the oil and gas industry has been demonstrated through its increased profits. However, it is essential to note that ONGC still faces various risks and uncertainties, including fluctuations in global energy prices and changing market conditions.
The record date for the dividend payout is [insert record date], while the payment date is expected to be [insert payment date]. Investors should carefully review these dates to ensure timely participation. Furthermore, quarterly earnings details will provide valuable insights into ONGC’s operational performance and future prospects.
ONGC’s increased dividend payout is a testament to the company’s financial health and its commitment to sharing profits with shareholders. As the oil and gas industry continues to evolve, ONGC’s ability to adapt and thrive will be crucial in determining its long-term success.
Key Points:
• ONGC has declared a 120 per cent dividend for Q2 FY2026.
• Consolidated net profit increased by 28.2 per cent YoY to Rs 12,615 crore.
• Standalone net profit rose to Rs 9,848 crore during the quarter.
