Tag: India: ONGC Q1 net profit jumps 112% as higher crude prices boost earnings

Revenue rises 45% to INR 46,460 crore INR 40,000 cr capex targets output recovery State-owned Oil and Natural Gas Corporation (ONGC) reported its strongest-ever quarterly performance in April-June FY2026-27, with standalone net profit rising 112.3% y-o-y to INR 17,034 crore, while revenue increased 45.2% to INR 46,460 crore. The earnings growth was primarily driven by…