ONGC Q1 profit surges to Rs 17,034 crore on rising oil prices

reported a net profit of Rs 17,033.81 crore for Q1 FY27, more than doubling from Rs 8,024.23 crore a year earlier, driven by higher crude oil prices and increased realisations. Total income rose to Rs 48,321.65 crore. Crude oil production slightly declined, while the company moves ahead with major projects to boost future output. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.