Integrated Filing — IndAS



General information about company

Scrip Code 500312
NSE Symbol ONGC
MSEI Symbol NOTLISTED
ISIN INE213A01029
Name of company Oil & Natural Gas Corporation Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 10-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 24-10-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Geographical
Description of single segment
Start date and time of board meeting 10-11-2025   17:20:00
End date and time of board meeting 10-11-2025   20:50:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 1,57,91,108.00 3,21,01,920.00
Other income 3,10,802.00 5,68,125.00
Total income 1,61,01,910.00 3,26,70,045.00
2 Expenses
(a) Cost of materials consumed 50,77,750.00 96,56,782.00
(b) Purchases of stock-in-trade 47,59,172.00 1,00,67,113.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (3,60,196.00) (50,881.00)
(d) Employee benefit expense 1,77,909.00 3,66,746.00
(e) Finance costs 3,41,098.00 6,75,239.00
(f) Depreciation, depletion and amortisation expense 9,27,347.00 18,65,743.00
(f) Other Expenses
1 Statutory levies 19,64,636.00 39,07,421.00
2 Survey costs written off 20,662.00 74,654.00
3 Exploration well costs written off 89,741.00 2,13,913.00
4 Other expenses 14,09,315.00 26,23,336.00
Total other expenses 34,84,354.00 68,19,324.00
Total expenses 1,44,07,434.00 2,94,00,066.00
3 Total profit before exceptional items and tax 16,94,476.00 32,69,979.00
4 Exceptional items (19.00) (1,875.00)
5 Total profit before tax 16,94,457.00 32,68,104.00
6 Tax expense
7 Current tax 4,91,365.00 9,07,672.00
8 Deferred tax (24,404.00) (45,274.00)
9 Total tax expenses 4,66,961.00 8,62,398.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 12,27,496.00 24,05,706.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 33,964.00 11,175.00
16 Total profit (loss) for period 12,61,460.00 24,16,881.00
17 Other comprehensive income net of taxes 1,01,538.00 5,34,678.00
18 Total Comprehensive Income for the period 13,62,998.00 29,51,559.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 10,78,488.00 20,58,895.00
Total profit or loss, attributable to non-controlling interests 1,82,972.00 3,57,986.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 11,87,695.00 25,90,676.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 1,75,303.00 3,60,883.00
21 Details of equity share capital
Paid-up equity share capital 6,29,014.00 6,29,014.00
Face value of equity share capital 5 5
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 8.58 16.37
Diluted earnings (loss) per share from continuing operations 8.58 16.37
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 8.58 16.37
Diluted earnings (loss) per share from continuing and discontinued operations 8.58 16.37
24 Debt equity ratio 0.36 0.36
25 Debt service coverage ratio 2.10 2.65
26 Interest service coverage ratio 9.94 9.49
27 Disclosure of notes on financial results



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 3,21,94,912.00
Capital work-in-progress 94,64,330.00
Investment property 795.00
Goodwill 13,16,942.00
Other intangible assets 1,37,060.00
Intangible assets under development 26,41,280.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 59,53,085.00
Non-current financial assets
Non-current investments 38,09,847.00
Trade receivables, non-current 2,44,809.00
Loans, non-current 9,40,304.00
Other non-current financial assets 44,22,784.00
Total non-current financial assets 94,17,744.00
Deferred tax assets (net) 7,50,840.00
Other non-current assets 17,68,681.00
Total non-current assets 6,36,45,669.00
2 Current assets
Inventories 55,46,072.00
Current financial asset
Current investments 3,23,808.00
Trade receivables, current 21,03,736.00
Cash and cash equivalents 6,47,596.00
Bank balance other than cash and cash equivalents 40,55,379.00
Loans, current 46,830.00
Other current financial assets 8,46,340.00
Total current financial assets 80,23,689.00
Current tax assets (net) 12,536.00
Other current assets 9,12,388.00
Total current assets 1,44,94,685.00
3 Non-current assets classified as held for sale 1,422.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 7,81,41,776.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 6,29,014.00
Other equity 3,61,48,864.00
Total equity attributable to owners of parent 3,67,77,878.00
Non controlling interest 34,04,056.00
Total equity 4,01,81,934.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 92,47,394.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities 23,05,731.00
Total non-current financial liabilities 1,15,53,125.00
Provisions, non-current 56,85,788.00
Deferred tax liabilities (net) 39,94,993.00
Deferred government grants, Non-current 75,668.00
Other non-current liabilities 62,263.00
Total non-current liabilities 2,13,71,837.00
Current liabilities
Current financial liabilities
Borrowings, current 51,32,832.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 1,09,611.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 37,13,295.00
Total Trade payable 38,22,906.00
Other current financial liabilities 52,95,561.00
Total current financial liabilities 1,42,51,299.00
Other current liabilities 17,04,736.00
Provisions, current 5,85,170.00
Current tax liabilities (Net) 37,100.00
Deferred government grants, Current 9,700.00
Total current liabilities 1,65,88,005.00
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 3,79,59,842.00
Total equity and liabilites 7,81,41,776.00
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2025 01-04-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 A. In India 0.00 0.00
2 (i) E&P 0.00 0.00
3 a) Offshore 22,89,805.00 44,98,362.00
4 b) Onshore 10,04,259.00 19,88,536.00
5 (ii) Refining & Marketing 1,36,43,985.00 2,77,69,541.00
6 (iii) Petrochemicals 3,39,330.00 6,74,483.00
7 B. Outside India 2,16,312.00 4,28,278.00
8 C. Others Unallocated 16,427.00 31,001.00
Total Segment Revenue 1,75,10,118.00 3,53,90,201.00
Less: Inter segment revenue 17,19,010.00 32,88,281.00
Revenue from operations 1,57,91,108.00 3,21,01,920.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 A. In India 0.00 0.00
2 (i) E&P 0.00 0.00
3 a) Offshore 9,27,569.00 19,15,664.00
4 b) Onshore 1,94,605.00 3,75,985.00
5 (ii) Refining & Marketing 6,52,615.00 12,45,818.00
6 (iii) Petrochemicals (17,315.00) (55,411.00)
7 B. Outside India 58,524.00 1,06,381.00
8 C. Others Unallocated 32,251.00 7,665.00
Total Profit before tax 18,48,249.00 35,96,102.00
i. Finance cost 3,41,098.00 6,75,239.00
ii. Other Unallocable Expenditure net off Unallocable income (2,21,270.00) (3,58,416.00)
Profit before tax 17,28,421.00 32,79,279.00
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 A. In India 0.00 0.00
2 (i) E&P 0.00 0.00
3 a) Offshore 1,91,90,227.00 1,91,90,227.00
4 b) Onshore 84,06,097.00 84,06,097.00
5 (ii) Refining & Marketing 2,27,21,439.00 2,27,21,439.00
6 (iii) Petrochemicals 29,50,121.00 29,50,121.00
7 B. Outside India 1,34,39,001.00 1,34,39,001.00
8 C. Others Unallocated 1,14,34,891.00 1,14,34,891.00
Total Segment Asset 7,81,41,776.00 7,81,41,776.00
Un-allocable Assets 0.00 0.00
Net Segment Asset 7,81,41,776.00 7,81,41,776.00
4 Segment Liabilities
Segment Liabilities
1 A. In India 0.00 0.00
2 (i) E&P 0.00 0.00
3 a) Offshore 83,00,188.00 83,00,188.00
4 b) Onshore 19,39,784.00 19,39,784.00
5 (ii) Refining & Marketing 1,55,11,287.00 1,55,11,287.00
6 (iii) Petrochemicals 26,62,603.00 26,62,603.00
7 B. Outside India 67,69,132.00 67,69,132.00
8 C. Others Unallocated 27,76,848.00 27,76,848.00
Total Segment Liabilities 3,79,59,842.00 3,79,59,842.00
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 3,79,59,842.00 3,79,59,842.00
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement of the defined benefit plans -1168900000 -3050000000
2 Equity instruments through other comprehensive income 102700000 43234300000
3 Share of other comprehensive income in associates and joint ventures, to the extent not to be reclassified to profit or loss 16800000 18500000
Total Amount of items that will not be reclassified to profit and loss (10,494.00) 4,02,028.00
2 Income tax relating to items that will not be reclassified to profit or loss (2,984.00) 39,778.00
3 Amount of items that will be reclassified to profit and loss
1 Exchange differences in translating the financial statement of foreign operation 16770800000 25412100000
2 Effective portion of gains (losses) on hedging instruments in cash flow hedges -692000000 -130600000
3 Share of other comprehensive income in associates and joint ventures, to the extent to be reclassified to profit or loss -473800000 -157800000
Total Amount of items that will be reclassified to profit and loss 1,56,050.00 2,51,237.00
4 Income tax relating to items that will be reclassified to profit or loss 47,002.00 78,809.00
5 Total Other comprehensive income 1,01,538.00 5,34,678.00



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 32,68,104.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 6,75,129.00
Adjustments for decrease (increase) in inventories 3,43,375.00
Adjustments for decrease (increase) in trade receivables, current 30,594.00
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (1,92,073.00)
Adjustments for decrease (increase) in other non-current assets 2,13,913.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current (25,907.00)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 7,47,888.00
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 0.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 18,65,743.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 1,53,600.00
Adjustments for provisions, current (1,761.00)
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current (29,631.00)
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 2,16,012.00
Adjustments for dividend income 64,312.00
Adjustments for interest income 2,87,081.00
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 3,100.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 3,780.00
Other adjustments to reconcile profit (loss) 204.00
Other adjustments for non-cash items (38,195.00)
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 36,14,378.00
Net cash flows from (used in) operations 68,82,482.00
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 8,03,818.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 60,78,664.00
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 277.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 6,721.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 11,864.00
Purchase of property, plant and equipment 18,79,380.00
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 6,53,576.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 45.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 1,77,500.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 1,22,316.00
Interest received 1,89,468.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (9,89,806.00)
Net cash flows from (used in) investing activities (33,83,013.00)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 51,537.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 25.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 10,21,869.00
Repayments of borrowings 16,81,277.00
Payments of lease liabilities 6,62,329.00
Dividends paid 1,54,448.00
Interest paid 4,28,080.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (19,55,827.00)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 7,39,824.00
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents (7,384.00)
Net increase (decrease) in cash and cash equivalents 7,32,440.00
Cash and cash equivalents cash flow statement at beginning of period (2,29,256.00)
Cash and cash equivalents cash flow statement at end of period 5,03,184.00





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Manubhai & Shah LLP Yes 29-02-2028
2 V Sankar Aiyar & Co Yes 30-04-2028
3 Laxmi Tripti & Associates Yes 31-05-2028
4 Talati & Talati LLP Yes 30-09-2026