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 26-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 08-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Geographical
Description of single segment
Start date and time of board meeting 26-05-2026   14:45:00
End date and time of board meeting 26-05-2026   19:15:00
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 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 1,73,80,519.00 6,62,24,732.00
Other income 3,36,777.00 12,35,652.00
Total income 1,77,17,296.00 6,74,60,384.00
2 Expenses
(a) Cost of materials consumed 53,08,075.00 1,99,22,347.00
(b) Purchases of stock-in-trade 53,69,642.00 2,06,34,594.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (5,08,102.00) (3,23,482.00)
(d) Employee benefit expense 1,81,336.00 7,32,133.00
(e) Finance costs 3,06,961.00 13,02,885.00
(f) Depreciation, depletion and amortisation expense 9,34,497.00 37,39,067.00
(f) Other Expenses
1 Statutory levies 21,30,803.00 81,12,988.00
2 Exploration costs written off - Survey cost 24,971.00 1,52,865.00
3 Exploration costs written off - Exploration well cost 4,98,573.00 8,64,966.00
4 Other expenses 18,39,615.00 58,16,345.00
Total other expenses 44,93,962.00 1,49,47,164.00
Total expenses 1,60,86,371.00 6,09,54,708.00
3 Total profit before exceptional items and tax 16,30,925.00 65,05,676.00
4 Exceptional items (46,209.00) (43,572.00)
5 Total profit before tax 15,84,716.00 64,62,104.00
6 Tax expense
7 Current tax 4,98,748.00 18,80,217.00
8 Deferred tax (2,527.00) (97,232.00)
9 Total tax expenses 4,96,221.00 17,82,985.00
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 10,88,495.00 46,79,119.00
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 2,79,292.00 3,00,191.00
16 Total profit (loss) for period 13,67,787.00 49,79,310.00
17 Other comprehensive income net of taxes (5,57,288.00) 3,56,307.00
18 Total Comprehensive Income for the period 8,10,499.00 53,35,617.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 10,81,965.00 41,42,438.00
Total profit or loss, attributable to non-controlling interests 2,85,822.00 8,36,872.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 5,42,000.00 45,10,689.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 2,68,499.00 8,24,928.00
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 3,17,04,376.00
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 8.6 32.93
Diluted earnings (loss) per share from continuing operations 8.6 32.93
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 8.6 32.93
Diluted earnings (loss) per share from continuing and discontinued operations 8.6 32.93
24 Debt equity ratio 0.3500 0.3500
25 Debt service coverage ratio 1.00 1.3900
26 Interest service coverage ratio 10.3100 9.8400
27 Disclosure of notes on financial results



Remarks

Debt equity ratio in times
Debt service coverage ratio in times
Interest service coverage ratio in times


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 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 3,30,70,517.00
Capital work-in-progress 91,47,762.00
Investment property 770.00
Goodwill 13,82,182.00
Other intangible assets 1,53,849.00
Intangible assets under development 24,79,416.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 63,75,321.00
Non-current financial assets
Non-current investments 34,22,436.00
Trade receivables, non-current 2,54,495.00
Loans, non-current 11,65,237.00
Other non-current financial assets
1 Deposit under site restoration fund 33,16,814.00
2 Finance lease receivables 0.00
3 Others 14,94,431.00
Total of other non-current financial assets 48,11,245.00
Total non-current financial assets 96,53,413.00
Deferred tax assets (net) 7,50,398.00
Other non-current assets
1 Non-current tax assets (net) 15,56,277.00
2 Other non-current assets 4,26,675.00
Total of other non-current assets 19,82,952.00
Total non-current assets 6,49,96,580.00
2 Current assets
Inventories 64,91,827.00
Current financial asset
Current investments 3,10,683.00
Trade receivables, current 22,01,447.00
Cash and cash equivalents 1,55,439.00
Bank balance other than cash and cash equivalents 30,62,465.00
Loans, current 45,364.00
Other current financial assets
Total of other current financial assets 9,90,355.00
Total current financial assets 67,65,753.00
Current tax assets (net) 31,527.00
Other current assets
1 Other current assets 8,84,051.00
Total of other current assets 8,84,051.00
Total current assets 1,41,73,158.00
3 Non-current assets classified as held for sale 20,780.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 7,91,90,518.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 6,29,014.00
Other equity 3,65,47,766.00
Total equity attributable to owners of parent 3,71,76,780.00
Non controlling interest 37,92,548.00
Total equity 4,09,69,328.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 93,82,292.00
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
1 Lease Liabilities 22,58,131.00
2 Others 31,516.00
Total of other non-current financial liabilities 22,89,647.00
Total non-current financial liabilities 1,16,71,939.00
Provisions, non-current 54,45,347.00
Deferred tax liabilities (net) 40,65,459.00
Deferred government grants, Non-current 84,930.00
Other non-current liabilities
1 Other non-current liabilities 64,657.00
Total of other non-current liabilities 64,657.00
Total non-current liabilities 2,13,32,332.00
Current liabilities
Current financial liabilities
Borrowings, current 48,23,218.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 1,61,580.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 45,31,728.00
Total Trade payable 46,93,308.00
Other current financial liabilities
1 Lease Liabilities 9,68,008.00
2 Others 43,34,949.00
Total of other current financial liabilities 53,02,957.00
Total current financial liabilities 1,48,19,483.00
Other current liabilities 12,78,954.00
1 Other current liabilities 12,78,954.00
Total of other current liabilities 12,78,954.00
Provisions, current 7,06,048.00
Current tax liabilities (Net) 63,924.00
Deferred government grants, Current 11,121.00
Total current liabilities 1,68,79,530.00
3 Liabilities directly associated with assets in disposal group classified as held for sale 9,328.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 3,82,21,190.00
Total equity and liabilites 7,91,90,518.00
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 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 A. (i) (a) In India - E&P - Offshore 25,34,124.00 92,40,631.00
2 A. (i) (b) In India - E&P - Onshore 10,51,968.00 39,77,751.00
3 A. (ii) In India - Refining & Marketing 1,52,25,502.00 5,84,34,580.00
4 A. (iii) In India - Petrochemicals 4,42,472.00 14,21,426.00
5 B. Outside India 2,36,423.00 8,44,292.00
6 C. Others Unallocated 10,231.00 49,700.00
Total Segment Revenue 1,95,00,720.00 7,39,68,380.00
Less: Inter segment revenue 21,20,201.00 77,43,648.00
Revenue from operations 1,73,80,519.00 6,62,24,732.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 A. (i) (a) In India - E&P - Offshore 6,46,651.00 34,00,772.00
2 A. (i) (b) In India - E&P - Onshore 98,947.00 5,95,530.00
3 A. (ii) In India - Refining & Marketing 8,90,641.00 28,66,402.00
4 A. (iii) In India - Petrochemicals 45,618.00 (38,220.00)
5 B. Outside India 80,206.00 2,23,629.00
6 C. Others Unallocated 2,79,292.00 3,00,191.00
Total Profit before tax 20,41,355.00 73,48,304.00
i. Finance cost 3,06,961.00 13,02,885.00
ii. Other Unallocable Expenditure net off Unallocable income (1,29,614.00) (7,16,876.00)
Profit before tax 18,64,008.00 67,62,295.00
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 A. (i) (a) In India - E&P - Offshore 1,87,28,290.00 1,87,28,290.00
2 A. (i) (b) In India - E&P - Onshore 85,44,166.00 85,44,166.00
3 A. (ii) In India - Refining & Marketing 2,43,54,118.00 2,43,54,118.00
4 A. (iii) In India - Petrochemicals 29,10,521.00 29,10,521.00
5 B. Outside India 1,36,33,404.00 1,36,33,404.00
6 C. Others Unallocated 1,10,20,019.00 1,10,20,019.00
Total Segment Asset 7,91,90,518.00 7,91,90,518.00
Un-allocable Assets 0.00 0.00
Net Segment Asset 7,91,90,518.00 7,91,90,518.00
4 Segment Liabilities
Segment Liabilities
1 A. (i) (a) In India - E&P - Offshore 82,31,506.00 82,31,506.00
2 A. (i) (b) In India - E&P - Onshore 19,04,358.00 19,04,358.00
3 A. (ii) In India - Refining & Marketing 1,61,08,610.00 1,61,08,610.00
4 A. (iii) In India - Petrochemicals 26,85,518.00 26,85,518.00
5 B. Outside India 65,44,724.00 65,44,724.00
6 C. Others Unallocated 27,46,474.00 27,46,474.00
Total Segment Liabilities 3,82,21,190.00 3,82,21,190.00
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 3,82,21,190.00 3,82,21,190.00
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 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
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 (38,891.00) (92,303.00)
2 Equity instruments through other comprehensive income (7,12,591.00) 44,867.00
3 Share of other comprehensive income in associates and joint ventures, to the extent not to be reclassified to profit or loss 758.00 790.00
Total Amount of items that will not be reclassified to profit and loss (7,50,724.00) (46,646.00)
2 Income tax relating to items that will not be reclassified to profit or loss (86,068.00) (16,583.00)
3 Amount of items that will be reclassified to profit and loss
1 Exchange differences in translating the financial statement of foreign operation 2,31,839.00 6,52,531.00
2 Effective portion of gains (losses) on hedging instruments in cash flow hedges (14,925.00) (4,033.00)
3 Share of other comprehensive income in associates and joint ventures, to the extent to be reclassified to profit or loss (32,786.00) (35,427.00)
Total Amount of items that will be reclassified to profit and loss 1,84,128.00 6,13,071.00
4 Income tax relating to items that will be reclassified to profit or loss 76,760.00 2,26,701.00
5 Total Other comprehensive income (5,57,288.00) 3,56,307.00



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 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 64,62,104.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 13,02,671.00
Adjustments for decrease (increase) in inventories (6,36,403.00)
Adjustments for decrease (increase) in trade receivables, current (46,214.00)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (1,32,211.00)
Adjustments for decrease (increase) in other non-current assets 8,64,966.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current (3,73,519.00)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 19,42,046.00
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 37,39,067.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 4,43,389.00
Adjustments for provisions, current (25,164.00)
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current (47,550.00)
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 5,11,344.00
Adjustments for dividend income 2,25,329.00
Adjustments for interest income 5,71,362.00
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 13,872.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 9,038.00
Other adjustments to reconcile profit (loss) 50,235.00
Other adjustments for non-cash items (80,840.00)
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 67,38,036.00
Net cash flows from (used in) operations 1,32,00,140.00
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 19,28,206.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 1,12,71,934.00
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 4,538.00
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 67,110.00
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 78,139.00
Purchase of property, plant and equipment 41,28,157.00
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 12,70,891.00
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 10,224.00
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 3,96,900.00
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 3,62,002.00
Interest received 5,06,953.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (8,66,385.00)
Net cash flows from (used in) investing activities (57,67,587.00)
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 1,42,527.00
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 39,83,418.00
Repayments of borrowings 55,80,133.00
Payments of lease liabilities 13,41,315.00
Dividends paid 16,98,012.00
Interest paid 8,54,479.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (56,33,073.00)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (1,28,726.00)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 25,654.00
Net increase (decrease) in cash and cash equivalents (1,03,072.00)
Cash and cash equivalents cash flow statement at beginning of period (2,28,841.00)
Cash and cash equivalents cash flow statement at end of period (3,31,913.00)





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
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
5 Rama K Gupta & Co Yes 29-02-2028