By THE NEWSMAN OF INDIA| Oil and Natural Gas Corporation (ONGC), India’s Energy Maharatna, has announced a stellar performance for Q2 FY’26, reflecting operational excellence, strategic foresight, and resilient leadership under CMD Arun Kumar Singh.

The company reported a consolidated net profit of ₹12,615 crore, marking a 28.2% year-on-year growth, while the standalone net profit stood at ₹9,848 crore. ONGC’s crude oil production reached 4.630 MMT in Q2 and 9.314 MMT in H1, reflecting a steady growth of 1.2%, demonstrating the company’s sustained production efficiency.

A key highlight is the impressive performance of New Well Gas (NWG), which contributed over 21% to total gas revenue from nomination fields—a testament to ONGC’s focused exploration and production strategies. The company has also declared an interim dividend of ₹6 per share (120%), reinforcing its commitment to delivering consistent shareholder value.

During the first half of FY’26, ONGC made two new hydrocarbon discoveries—‘Vajramani’ and ‘MBS202HAA-1’—and drilled eight exploratory wells across Andaman Offshore, Bengal, Kutch, Narmada, and South Rewa Basins, further expanding India’s domestic energy footprint.

Under the able stewardship of Arun Kumar Singh, ONGC continues to drive transformative growth, blending innovation, exploration, and sustainability. His dynamic leadership and strategic clarity have strengthened ONGC’s role in ensuring India’s energy security, environmental responsibility, and national progress.

As ONGC charts its growth trajectory, it remains firmly focused on sustainable development and value creation—fueling India’s future with energy, excellence, and enterprise.