ONGC stock: Q2 profit rises 55%, INR 8 dividend declared

Oil and Natural Gas Corporation reported stronger second-quarter earnings on Thursday, November 5, 2026, after its board approved results for the quarter ended September 30. According to Economic Times Energy, consolidated net profit attributable to owners rose 55.3 percent year over year to INR 16,743.54 crore in Q2 FY27 from INR 10,784.88 crore a year earlier. Consolidated revenue from operations increased 25.5 percent to INR 198,263.33 crore.

Dividend sets shareholder timetable

The board declared an interim dividend of INR 8 per equity share with a face value of INR 5. November 12, 2026, is the record date for determining shareholder eligibility, and the dividend is due to be paid within 30 days of the declaration.

The same report said consolidated net profit for the first half of FY27 rose 39.1 percent year over year to INR 28,642.47 crore. First-half revenue from operations increased 25.6 percent to INR 403,250.68 crore, giving investors a broader earnings view beyond the July-to-September quarter.

Loan approval adds a capital-allocation angle

ONGC's board also approved an inter-corporate loan of up to INR 10,000 crore for wholly owned subsidiary ONGC Videsh. The facility is valid for five years, with the outstanding amount capped at that level at any point.

For shareholders, the November 12 record date is the next concrete corporate-action milestone. The earnings release also leaves investors to assess how profit growth and the planned payout develop alongside ONGC's operating performance.

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