The Board of Directors of the Company, at its meeting held today i.e. 26.05.2026, has inter-alia considered the following proposals: 1. Recommendation of Final Dividend for the Financial ....
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ONGC's Board approved audited standalone financial results for FY 2025-26, reporting total income of ₹142,864 crore (down 3.7% YoY) and profit after tax of ₹32,894 crore (down 7.6% YoY). Revenue from operations declined to ₹132,508 crore from ₹137,846 crore last year, reflecting lower oil prices. EPS for the year stood at ₹26.15 versus ₹28.31 in the previous year. The Board recommended a final dividend of ₹1 per equity share (20% on ₹5 face value) subject to shareholder approval. Additionally, ONGC approved forming a 50:50 joint venture with Gujarat Maritime Board to develop a 5 MMTPA liquid port at Dahej, Gujarat. The Board also approved related party transactions including a parent company guarantee of USD 325 million by ONGBV for Brazil operations.
The decline in profit and revenue reflects challenging commodity price environment. The maintained dividend provides income support for investors, while the Dahej port JV signals ONGC's push into logistics infrastructure to strengthen its integrated energy business.