ONGC Q3 net profit rises 1.6%

State-owned Oil and Natural Gas Corporation (ONGC) reported a 1.6 per cent increase in net profit for the December quarter, aided by higher realisations from new wells and reduced statutory levies, which offset the impact of lower crude oil prices.

- PTI

The company reported a standalone net profit of Rs 8,372 crore for October-December quarter of 2025-26 financial year, compared with Rs 8,240 crore earning in the same period a year back, according to a company statement. India's top producer of crude oil - the key feedstock ‘or fuels such as petrol and diesel - and natural gas, used for power generation, fertiliser production, and conversion into C