ONGC

ONGC has reported strong Q4 FY26 results today (15 May 2026)

ONGC has reported strong Q4 FY26 results today (15 May 2026), with consolidated net profit rising to ₹11,849 crore, up 16.8% YoY. Revenue stood at ₹1,67,422 crore, a modest 0.8% YoY increase. The stock is trading around ₹301, near its 52-week high of ₹307.50. ONGC Q4 FY26 Results Revenue: ₹1,67,422 crore QoQ: +6.0% YoY: +0.8% Net Profit: ₹11,849 crore QoQ: -3.5% YoY: +16.8% Gross Profit: ₹15,947 crore QoQ: -7.5% YoY: +5.3% EPS (Earnings Per Share): Improved YoY, reflecting stronger profitability. Key Drivers Royalty rationalisation boosted profitability. Stable crude oil prices supported revenue. Operational efficiency helped maintain margins despite cost pressures. Takeaway for Traders ONGC’s profit growth and near 52-week high make it attractive for short-term momentum trades. Dividend announcements are expected soon, which could further support the stock. Traders should watch resistance near ₹307.50 (52-week high) and use stop-loss around ₹295 for intraday positions. Risks & Considerations High crude oil volatility could impact margins in coming quarters. Weak rupee may increase import costs. Global geopolitical tensions (West Asia, US-China) could affect demand and pricing.