ONGC Petro Additions Reports Q2 Net Loss Of Rs 4,947 Cr On Higher Expenses Despite Revenue Growth

ONGC Petro Additions Reports Q2 Net Loss Of Rs 4,947 Cr On Higher Expenses Despite Revenue Growth

ONGC Petro additions reported a net loss of ₹4,947.26 crore for the second quarter ended September 30, 2026, while revenue from operations rose to ₹5,655.48 crore compared to the same period previous year.

FPJ Web DeskUpdated: Monday, November 02, 2026, 03:32 PM IST
ONGC Petro Additions Reports Q2 Net Loss Of Rs 4,947 Cr On Higher Expenses Despite Revenue Growth
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Mumbai: ONGC Petro additions reported a standalone net loss of ₹4,947.26 crore for the second quarter ended September 30, 2026, widening from a net loss of ₹4,641.83 crore recorded in the corresponding period of the previous fiscal year, according to a regulatory filing.

Revenue and Income

Revenue from operations for the quarter rose 66.55 per cent to ₹5,655.48 crore, compared with ₹33,955.86 lakhs in the year-ago quarter. Total income for the period stood at ₹5,671.73 crore, up from ₹3,410.18 crore reported a year earlier.

Expenses and Losses

Total expenses for the quarter increased to ₹6,376.11 crore from ₹4,088.26 crore in the corresponding period last year. The company posted a loss before tax of ₹7,043.81 crore, compared to a loss of ₹6,780.75 crore for the quarter ended September 30, 2025.

Earnings Per Share

Basic and diluted earnings per share for the quarter stood at a negative ₹0.21, compared with a negative ₹0.20 in the same period of the previous financial year. Tax expense for the quarter was a negative ₹209.65 crore.

Disclaimer: This report is based on the company's filed financial results (standalone or consolidated, as applicable) and is intended solely for informational purposes.