Nifty Oil & Gas Q2 FY27 results: net profit down 0.2%
Key Highlights
Nifty Oil & Gas Q2 FY27 results show a combined net profit of ₹10,909 crore. The sector revenue is 26.61% higher than a year earlier.
Updated: Saturday 24 October 2026
- 4 companies of the 15 in the Nifty Oil & Gas index have reported Q2 FY27 results.
- Combined net profit: ₹10,909 crore, 0.23% lower than a year earlier.
- Combined revenue: ₹3,21,097 crore, 26.61% higher than a year earlier.
- Net profit margin: 3.40% (4.31% a year earlier).
- 11 companies still to report.
Nifty Oil & Gas Q2 FY27 results show 4 companies have reported a combined net profit of ₹10,909 crore, which is 0.23% lower than a year earlier. These companies recorded a combined revenue of ₹3,21,097 crore, 26.61% higher than the same quarter a year ago.
Nifty Oil & Gas Q2 FY27 results: the combined numbers
| Q2 FY27 | A year earlier | Change | Companies | |
|---|---|---|---|---|
| from operations | 3,21,097 | 2,53,612 | +26.61% | 4 |
| Net profit | 10,909 | 10,933 | −0.23% | 4 |
| Net profit margin | 3.40% | 4.31% | −0.91 pts | 4 |
Combined figures add the companies that reported both the quarter and the same quarter a year earlier, so they compare like with like. A company that has not reported is not in them.
The combined net profit margin for these 4 companies stands at 3.40%, compared to 4.31% a year earlier. Net profit was higher in about half of the companies and lower in about half of the companies, with 4 companies reporting.
Nifty Oil & Gas companies that have reported Q2 FY27
| Company | Revenue from operations | Net profit | Revenue from operations change | Net profit change | Net profit margin |
|---|---|---|---|---|---|
| Bharat Petroleum | 1,57,818 | 4,863 | +29.78% | −21.46% | 3.08% |
| Hindustan Petroleum | 1,39,114 | 3,625 | +26.01% | −6.07% | 2.61% |
| Chennai Petroleum | 22,055 | 2,247 | +10.09% | +212.44% | 10.19% |
| Adani Total Gas | 2,110 | 173 | +33.83% | +5.98% | 8.21% |
Bharat Petroleum reported the largest net profit at ₹4,863 crore. Chennai Petroleum recorded the largest net profit change on a year earlier, which was 212.44% higher. Bharat Petroleum saw its net profit fall by 21.46% compared to the same quarter in the previous year.
Nifty Oil & Gas companies still to report
| Company | Board meeting |
|---|---|
| Aegis Logistics | 26 Oct 2026 |
| Aegis Vopak Terminals | 26 Oct 2026 |
| Castrol India | 24 Oct 2026 |
| GAIL (India) | 30 Oct 2026 |
| Indraprastha Gas | 30 Oct 2026 |
| Indian Oil | 30 Oct 2026 |
| Mahanagar Gas | Date not announced |
| Oil India | Date not announced |
| Oil & Natural Gas | 5 Nov 2026 |
| Petronet LNG | 2 Nov 2026 |
| Reliance | Date not announced |
There are 11 companies in the index that have yet to report their results. Castrol India is scheduled to report on 2026-10-24, while Aegis Logistics and Aegis Vopak Terminals follow on 2026-10-26.
Nifty Oil & Gas Q2 FY27 results: FAQs
How did Nifty Oil & Gas companies do in Q2 FY27?
4 companies of the 15 in the Nifty Oil & Gas index have reported Q2 FY27 results. Their combined net profit was ₹10,909 crore, 0.23% lower than a year earlier. Combined revenue was ₹3,21,097 crore, 26.61% higher than a year earlier. Only companies with both quarters are added.
Which Nifty Oil & Gas company reported the largest net profit in Q2 FY27?
Bharat Petroleum, with a net profit of ₹4,863 crore, 21.46% lower than a year earlier.
Which Nifty Oil & Gas companies are yet to report Q2 FY27 results?
Aegis Logistics, Aegis Vopak Terminals, Castrol India, GAIL (India), Indraprastha Gas, Indian Oil, Mahanagar Gas, Oil India and 3 more. The table lists the board-meeting dates the companies have announced.
Results are the companies’ filings to the exchanges; board-meeting dates are from their notices. Calculations are by ThePip. For information only; not investment advice.