ONGC faces ₹12,615 crore base for Q2 FY27 results

Key Highlights
Oil & Natural Gas Corporation Ltd. reports Q2 FY27 results on 5 Nov. The company previously recorded a net profit of ₹6,554 crore in Q1 FY27.
Updated: Tuesday 3 November 2026
- Oil & Natural Gas reports its Q2 FY27 results on Thursday 5 November 2026.
- The base: net profit of ₹12,615 crore in Q2 FY26.
- Latest reported quarter, Q1 FY27: net profit of ₹6,554 crore, 43.27% lower than a year earlier.
- On its last 2 results, the shares moved −0.74%, −4.68%.
Oil & Natural Gas Q2 FY27 results date is set for the board meeting on 5 November 2026. The company will review its financial performance for the period ending 30 September 2026. In the same quarter a year earlier, the company recorded a net profit of ₹12,615 crore. from operations for that period stood at ₹1,57,911 crore.
When does Oil & Natural Gas announce its Q2 FY27 results?
| Board meeting on results | Thursday 5 November 2026 |
| Quarter | Q2 FY27 (ended 30 September 2026) |
| Notice filed with the exchange | 23 Oct 2026 |
| Also on the agenda | A dividend |
Oil & Natural Gas’s reported quarters
| Quarter | Revenue from operations | Net profit | Net profit margin | ||
|---|---|---|---|---|---|
| Q2 FY26 | 1,57,911 | 17,284 | 12,615 | 7.99% | The quarter these results are set against |
| Q3 FY26 | 1,67,423 | 16,190 | 11,946 | 7.14% | |
| Q4 FY26 | 1,73,805 | 18,640 | 13,678 | 7.87% | |
| Q1 FY27 | 2,04,987 | 7,012 | 6,554 | 3.20% |
In the most recent quarter, Q1 FY27, the company reported a net profit of ₹6,554 crore. This period saw revenue from operations of ₹2,04,987 crore. The net profit margin for the latest quarter was 3.20%, while the margin was 7.99% in the same quarter a year earlier.

What to watch in the Oil & Natural Gas Q2 FY27 results
| Q2 FY26 (base) | Q1 FY27 (latest reported) | Change | |
|---|---|---|---|
| Revenue from operations | 1,57,911 | 2,04,987 | +29.81% |
| Net profit | 12,615 | 6,554 | −48.04% |
| Net profit margin | 7.99% | 3.20% | −4.79 pts |
The upcoming results will be measured against the base quarter, Q2 FY26. In that period, the company reported a net profit of ₹12,615 crore. The net profit margin for that base quarter was 7.99%.
- Margin: net profit was 3.20% of revenue in Q1 FY27 and 7.99% in Q2 FY26.
- Revenue from operations: ₹2,04,987 crore in Q1 FY27, 25.68% higher than a year earlier.
- Share price: on the last 2 results it moved −0.74% (Q1 FY27), −4.68% (Q4 FY26), measured from the last close before the filing to the next close.
- The board will also consider a dividend at the same meeting.
This preview uses the company’s own reported figures. It does not carry analyst estimates, so it does not say whether the results will be above or below anyone’s expectation.
How Oil & Natural Gas shares moved on its earlier results
| Quarter | Results filed | Window | Change |
|---|---|---|---|
| Q1 FY27 | 4 Aug 2026 | 4 Aug 2026 to 5 Aug 2026 | −0.74% |
| Q4 FY26 | 26 May 2026 | 26 May 2026 to 27 May 2026 | −4.68% |
| Last close (Monday 2 November 2026) | ₹234.83 |
| Over the last month (21 sessions) | +4.00% |
| Over the last three months (63 sessions) | −3.17% |
Shares of the company moved 0.74% lower on the release of the Q1 FY27 results. The share price fell by 4.68% on the Q4 FY26 results. The share price closed at ₹234.83 on 2 November 2026.
Oil & Natural Gas dividend history
| Ex-dividend date | Per share | Type |
|---|---|---|
| 4 Sep 2026 | ₹1.00 | Final |
Oil & Natural Gas Q2 FY27 results date: FAQs
When will Oil & Natural Gas announce its Q2 FY27 results?
Oil & Natural Gas’s board meets on Thursday 5 November 2026 to consider the results for the quarter ended 30 September 2026, according to its notice to the exchange. The board will also consider a dividend.
What was Oil & Natural Gas’s net profit in Q2 FY26?
Oil & Natural Gas reported a net profit of ₹12,615 crore on revenue from operations of ₹1,57,911 crore in Q2 FY26 (consolidated figures). The Q2 FY27 results will be set against this quarter.
What was Oil & Natural Gas’s latest reported net profit?
Net profit was ₹6,554 crore in Q1 FY27, 43.27% lower than a year earlier, or 3.20% of revenue.
How did Oil & Natural Gas shares react to its last results?
Q1 FY27: −0.74%; Q4 FY26: −4.68%. Each is measured from the last close before the results were filed to the next close.
The meeting date is from the company’s notice to the exchange; results are its filings; prices are from the National Stock Exchange. Calculations are by ThePip. For information only; not investment advice.