ONGC Q2 Results: Oil and Natural Gas Corporation Ltd on Thursday (November 5) announced its financial results for FY27. The company reported a consolidated profit of Rs 15,488 crore in Q2FY27, down 9.1 per cent quarter-on-quarter from Rs 17,034 crore in Q1FY27, against the ET NOW Poll estimate of Rs 13,668 crore. Revenue declined 5.6 per cent QoQ to Rs 43,875 crore from Rs 46,460 crore, compared with the poll estimate of Rs 44,151 crore. EBITDA fell 12.4 per cent to Rs 24,860 crore from Rs 28,355 crore, below the ET NOW Poll estimate of Rs 26,831 crore. EBITDA margin contracted by 440 basis points to 56.6 per cent from 61 per cent in the previous quarter. The company also declared an interim dividend of Rs 8 per share. Take a look at the details below.
ONGC dividend FY27
ONGC, the Maharatna PSU, has declared its first interim dividend of 160 per cent for financial year 2026-17, translating to Rs 8 per equity share of face value of Rs 5 each, according to the company’s exchange filing.
ONGC dividend record date
The company has fixed Thursday, 12th November, 2026, as the record date for determining eligibility of shareholders for payment of the 1st Interim Dividend. The dividend will be paid within 30 days from the date of declaration.
ONGC Board approves Inter-Corporate loan of up to Rs 10,000 crore
ONGC’s Board of Directors has approved an inter-corporate loan of up to Rs 10,000 crore to its wholly-owned subsidiary, ONGC Videsh Limited, for a period of five years. The loan amount outstanding at any point during the tenure will not exceed Rs 10,000 crore, with the terms and conditions to be mutually agreed upon by both companies.