Results - Announcements
Oil & Natural Gas Corpn Ltd share price declined by 1.90% to Rs 230.1 after the company's net profit jumped 182.78% to Rs 18534.82 crore, while revenue from operations softened by 3.28% to Rs 198263.33 crore in Q3FY26 over Q2FY26.
The market capitalization of Oil Exploration & Production industry group stocks on BSE stood at Rs 3.79 lakh crore, slipping 1.49%. It has marginally improved by 0.87% over last one week and edged lower by 2.15% in last one month while the market capitalization of Oil & Natural Gas Corpn Ltd has inched up 1.81% and 3.18% in the same period respectively.
Profit before tax (PBT) of Oil & Natural Gas Corpn Ltd stood at Rs 27082.03 crore in Q3 FY26, surging by 56.69% year-on-year, and jumping 286.20% quarter-on-quarter. EBITDA came in at Rs 33935 crore, expanding by 46.08% YoY and rallying 167.27% sequentially.
Total expenses fell by 13.12% to Rs 172864.32 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 65271.95 crore, registering a fall of 25.63% YoY, while employee benefits expense was at Rs 1538.86 crore, contracting 7.30% YoY.
For the TTM ended FY26, revenue from operations declined slightly by 0.15% to Rs 6.62 lakh crore, while net profit saw a strong growth of 29.91% to Rs 49793.1 crore, compared to previous TTM. EBITDA soared by 7865084% to Rs 90755.42 crore, and PBT witnessed a strong rise of 29.06% to Rs 67622.95 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 112719.34 crore in FY26, as against Rs 90855.6 crore in FY25.
Oil & Natural Gas Corpn Ltd crashed 8.49% in last one year, significantly underperforming the benchmark BSE Sensex which has softened by 4.80% during the same period.