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The Economic Times
The Economic Times
Veer Sharma

ONGC shares fall 4% despite 46% YoY jump in Q4 profit; revenue rises 4%

ONGC Hindustan Petroleum Corporation Limited

Shares of state-run explorer Oil and Natural Gas Corporation (ONGC) tumbled as much as 4% to the day’s low of Rs 277 on the NSE on Wednesday despite reporting a consolidated net profit of Rs 10,820 crore for the March quarter, marking a 46% increase from Rs 7,431 crore recorded in the same period last year.

Revenue from operations during Q4FY26 increased 4% YoY to Rs 1,73,805 crore compared with Rs 1,67,749 crore in the year-ago quarter. On a sequential basis, revenue rose nearly 4% from Rs 1,67,423 crore reported in the October-December quarter of FY26.

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