ONGC This autumn Outcomes: Cons PAT jumps 46% YoY to Rs 10,820 crore, income up 4%
The corporate’s income from operations in Q4FY26 was up 4% to Rs 1,73,805 crore versus Rs 1,67,749 crore posted by the corporate within the corresponding quarter of the earlier monetary yr.
The PAT grew 8% sequentially in comparison with Rs 10,016 crore in Q3FY26 whereas the topline additionally rose practically 4% versus Rs 167,423 crore within the October-December quarter of FY26.
The state-run explorer’s board of administrators really helpful a remaining dividend of Re 1 per fairness share for the monetary yr 2025-26.
The board has accorded an in-principle approval for formation of a 50:50 three way partnership firm with Gujarat Maritime Board (GMB) to develop a 5 MMTPA liquid port at Dahej Gujarat, pending funding approvals by the Joint Enterprise Companions and approval of DIPAM, Govt of India.
The corporate posted a standalone web revenue of Rs 6,650 crore throughout Q4FY26, and Rs 32,894 crore for FY26.
The corporate’s submitting stated the subsidiaries HPCL, MRPL, OVL and OPaL delivered “outstanding” enchancment in efficiency.Complete dividend for FY26 stood at Rs 13.25 per share with a payout ratio of 51%. The technical Service Supplier (TSP-2) contract awarded to cowl whole Western Offshore after encouraging outcomes of TSP-1 in MH discipline.
ONGC stated tasks value Rs 33,075 crore underneath progress in Western offshore, highest in latest instances. In FY26, new nicely gasoline constitutes 17% of manufacturing and 21% of income from ONGC nomination gasoline portfolio.
Efficiency highlights of ONGC Group firms
ONGC Videsh
The corporate has achieved a turnover of Rs 8,443 crore throughout FY’26 towards the turnover of Rs 9,160 crore (excluding buying and selling actions) throughout FY’25. This was primarily on account of decrease realized crude oil value of USD 60.09/bbl in FY’26 as towards USD 70.23/bbl in FY’25. The Firm registered a PAT of Rs 1,152 crore in FY’26, as towards a PAT of Rs 428 crore in FY’25.
HPCL
The mixed GRM for HPCL Refineries for FY2025-26 is US$ 8.79/bbl in comparison with $5.74/bbl within the corresponding earlier yr. HPCL reported Income from Operations of Rs 4,78,543 crore for FY 2026-25 as towards Rs 4,66,346 crore final yr, development of two.6%. The standalone PAT is Rs 17,175 crore as
towards Rs 7,365 crore final yr. For the yr 2025-26, HPCL has proposed a remaining dividend of Rs 19.25 per share along with interim dividend of Rs 5 per share.
Mangalore Refinery and Petrochemicals (MRPL)
MRPL has posted web revenue of Rs 1,931 crore in FY’26 as towards revenue after tax of Rs 51 crore in FY’25. MRPL has achieved income from operations of Rs 1,05,155 crore throughout FY’26 as towards Rs 1,09,280 crore throughout FY’25 because the capability utilization achieved for Present monetary yr (FY’26) was 113% as in comparison with 121% throughout earlier monetary yr.
The GRM for FY 2025-26 is US$ 9.22/bbl in comparison with US$ 4.45/bbl within the corresponding earlier yr.
(Disclaimer: The suggestions, ideas, views, and opinions given by the consultants are their very own. These don’t characterize the views of The Financial Occasions.)
