ONGC Quarterly Results: Q1 FY27 Performance, Key Metrics and Outlook
Oil and Natural Gas Corporation Limited (ONGC) continues to be among the largest players in the upstream sector of oil and gas in India, implying that their revenues depend highly on the prices of crude oil, oil and gas production volumes, and energy consumption in the country. For investors tracking ONGC quarterly results , The June 2026 quarter was quite challenging when it came to the standalone and consolidated performance of ONGC . The ONGC quarter results for Q1 FY27 were announced on 4 August 2026. Standalone gross revenue grew 45.2% year-on-year to stand at Rs.46,460 crore, whereas standalone net profit soared 112% to Rs.17,034 crore . Track ONGC quarterly results and market movements conveniently with a reliable trading app download for faster access to investment insights.
ONGC Quarterly Results: Q1 FY27 Highlights
Below is the table that summarizes the important figures to be monitored by the investor:
|
Parameter |
Q1 FY27 |
YoY/Change |
|
Standalone gross revenue |
Rs.46,460 crore |
+45.2% |
|
Standalone net profit |
Rs.17,034 crore |
+112% |
|
Consolidated revenue |
Rs.2,04,987 crore |
+25.68% |
|
Consolidated net profit* |
Rs.5,956 crore |
-49.44% YoY |
|
Q1 FY27 results date |
4 August 2026 |
— |
The consolidated numbers may vary considerably from the stand-alone numbers since the consolidated performance of ONGC also involves its subsidiaries and associates. In the June quarter, ONGC posted consolidated income of Rs.2,04,987 crore and net profit of Rs.5,956 crore . This difference matters in the analysis of performance of ONGC quarterly results. The PAT growth for the ONGC should not be the basis for judging the performance of ONGC.
What Drove ONGC's Q1 FY27 Performance?
These impressive gains in standalone profitability have been aided by increased sales and favourable operating dynamics. Nevertheless, production has emerged as one of the key concerns of the company . According to a recent industry analysis, ONGC saw its output of crude oil falling by about 6% year-over-year in Q1 FY27, while the output at Oil India showed healthy growth . As an upstream company, it is essential for ONGC to maintain and increase its production as high realizations of crude oil alone cannot compensate for falling volumes . ONGC has accordingly been focusing on exploration and development projects. In August 2026, ONGC made public its investment plans of Rs.1 lakh crore ($10.5 billion) for the next five years to explore domestic deepwater and ultra-deepwater, which would involve drilling of 87 wells by March 2031.
Q4 FY26 Performance: Stronger Profitability
Moreover, the past quarter also serves as a useful point of comparison. According to reports, ONGC's Q4 FY26 net profit was around Rs.13,678 crore, marking a 52.6% increase from last year, with its FY26 net profit being about Rs.49,793 crore . ONGC's standalone Q4 FY26 revenue from operations stood at Rs.35,928 crore, compared to Rs.34,982 crore in Q4 FY25 . This shows how fluctuation in oil prices and production could make a huge impact on ONGC's quarterly figures.
ONGC Share Price and Oil Prices
ONGC share price becomes very responsive to any change in the price of crude oil since ONGC is mostly engaged in the upstream sector. At 11th September 2026, ONGC Ltd share price was hovering at the level of Rs.232.50 on NSE . Oil And Natural Gas Corporation share price got a boost due to the increasing prices of crude oil in the international market. The Brent crude crossed above the $108 mark per barrel at 11th September 2026 as tensions grew high in the Middle East region. Oil And Natural Gas share price and other energy stocks remained comparatively strong . Investors should be well aware that while the crude prices can become an earnings catalyst, the trends in production and regulatory environment become very crucial over the long term.
What Investors Should Watch in Future ONGC Quarterly Results
1. Crude-Oil Production
Production growth could perhaps be one of the most critical operational metrics. What needs to be tracked is whether new discoveries and development projects would manage to relieve the recent production pressure.
2. Oil and Gas Realisations
Increases in crude oil prices can boost profitability in the upstream business. Conversely, lower crude prices may squeeze margins. Thus, crude oil prices worldwide continue to be an important variable for ONGC's quarterly performance.
3. Exploration Spending
The Rs. 1 lakh crore deepwater exploration spending plan can possibly bolster the company's future production outlook.
4. Gas Business
The production of gas and its pricing will affect the company’s future income in its efforts to increase the use of gas in its energy sources.
5. Dividend Prospects
ONGC has always been a prominent PSU from the point of view of dividends paid. Therefore, investors have to take notice of dividend declarations along with earnings declarations.
ONGC Quarterly Results Today: What Investors Should Track
Those investors looking for information regarding ONGC quarterly results date and time should focus more on the company's exchange filings than on social media estimations . The last quarter that the company reported was Q1 FY27 which was announced on 4 August 2026. The next quarterly announcement would be significant in understanding whether it would be able to maintain its profit growth and whether there is any improvement in its production . When trading using ONGC quarterly results today NSE, the things one should look out for include crude prices and production information . Track ONGC quarterly updates with confidence and use a trading account refer and earn program to unlock additional benefits while you trade.
Investor Point of View
ONGC continues to be a major energy PSU with huge reserves and capacity for exploration; however, there are a number of risks to the investment case . The most important positive element at present is the possibility of gaining from high crude oil prices and investments by ONGC in deep water exploration. The main risk is that of production growth. With crude oil production down, investors will need to see how much more is produced from increased capex.
Conclusion
In the case of Q1 of FY27, the performance of ONGC saw significant improvements in the standalone revenues and profits despite weaker consolidation. With crude oil prices rising and an extensive exploration plan being undertaken by the company, ONGC's future performance will depend a lot on the increase in production . Thus, while the ONGC stock price is likely to be aided by a favourable crude oil price environment, it would be crucial to watch ONGC quarterly results going forward . Track ONGC and other energy opportunities with insights from top stock brokers to make more informed investment decisions.
Frequently Asked Questions
When did ONGC quarterly results announced its latest results?
ONGC announced its Q1 FY27 quarterly results on 4 August 2026.
What was the standalone net profit of ONGC in Q1 FY27?
The standalone net profit of ONGC grew by 112% year-on-year to Rs.17,034 crore.
What is the current price of the ONGC stock?
ONGC stock price was at Rs.232.50 on 11 September 2026.
What is the most critical determinant for ONGC's profitability?
Some of the crucial determinants for ONGC's profitability include crude-oil prices, volume of crude-oil produced and gas realisations.
What should investors watch for in future ONGC quarterly results?
Investors should keep an eye on growth in production, crude realisations, cash flow, exploration and dividend possibilities for future ONGC quarterly results.
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