Mit Magzter GOLD unbegrenztes Potenzial nutzen
Erhalten Sie unbegrenzten Zugriff auf über 9.000 Zeitschriften, Zeitungen und Premium-Artikel für nur
Versuchen GOLD - Frei
ONGC faces a double whammy
Mint Chennai
|November 13, 2025
Oil and Natural Gas Corp. Ltd's (ONGC) shares have stayed largely flat over the past year amid lower crude oil prices and stagnant volumes. Unfortunately for investors, the September quarter (Q2FY26) results hardly move the needle.
Standalone Ebitda, excluding forex transactions, fell about 3% in Q2FY26 to ₹17,700 crore. Despite improved gas realization and marginally higher sales volumes, falling crude prices and higher operating expenses weighed on earnings.
Petrochemicals arm ONGC Petro additions Ltd’s (OPaL) recorded an Ebitda of ₹210 crore, against ₹10 crore loss in Q2FY25. OPaL's profitability could further improve as capacity utilization is likely to surpass 90% visa-vis about 80% in Q2.
ONGC's standalone Q2 revenue fell 2.5% to ₹33,000 crore. Average crude oil realization (excluding joint ventures) fell 14% year-on-year (yo-y) to $67.3 per barrel. The fall was lower in rupee terms at about 10% due to currency depreciation.
Diese Geschichte stammt aus der November 13, 2025-Ausgabe von Mint Chennai.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Mint Chennai
Mint Chennai
Trump’s focus on drug war means big business for defense startups
Drones, sensors and AI platforms developed for other theaters are being rebranded as tools for the fight against ‘narco-terror’
6 mins
December 01, 2025
Mint Chennai
EC extends electoral roll revision by a week to II Dec; final list on 14 Feb
The Election Commission on Sunday extended by one week the entire schedule of the ongoing special intensive revision (SIR) of electoral rolls in nine states and three Union territories amid allegations by opposition parties that the “tight timelines” were creating problems for people and ground-level poll officials.
2 mins
December 01, 2025
Mint Chennai
With $2.2 bn fund, ChrysCap has appetite for riskier bets
MD Saurabh Chatterjee details shift in global LP base, renewed focus on manufacturing
3 mins
December 01, 2025
Mint Chennai
Battery PLI scheme may get a new spark with rules set to ease
other factors have contributed as well.
1 min
December 01, 2025
Mint Chennai
Selling home to repay loan? Know the tax hit
I had availed an education loan against my residential property. If I now happen to sell the property and use the proceeds to clear the loan, what will be the tax implications I should be mindful about before going ahead with the transaction? The outstanding loan amount is ₹1.5 crore and the likely sale price of the property is also around ₹1.5 crore. I had purchased said the property in 2003 for ₹20 lakh.
2 mins
December 01, 2025
Mint Chennai
HFTs to Big Tech to compete as IIT placements start today
Da Vinci, Tesla, Apple, Microsoft, Nvidia, Airbus, Boeing among firms headed for campuses
3 mins
December 01, 2025
Mint Chennai
Gen Z redefines work in a volatile job market
Amid layoffs, Gen Z is pushing back against overwork, choosing clear boundaries, sustainable growth over old notions of indispensability
3 mins
December 01, 2025
Mint Chennai
Gen Alpha will make new rules for their workplace
Gen Alpha will expect hybrid workplaces, Al tools and 4-day weeks— offices unrecognizable to their parents’
3 mins
December 01, 2025
Mint Chennai
India's regulated exports at risk: BCG
India’s export-driven businesses in sectors such as aluminium, iron and steel that face international regulatory shocks are increasingly exposed to risk due to climate inaction threatening their profits, operations, and long-term viability, according to global consulting firm BCG.
1 min
December 01, 2025
Mint Chennai
Starting the day with meetings and 8,000 steps
Swiggy's Rohit Kapoor on learning from unconventional mentors
2 mins
December 01, 2025
Listen
Translate
Change font size