ONGC News: Latest Moves in Indian Retail

Key numbers

All reported 5 Aug

Momentum against rivals

ONGC and the competing brands most often named beside it. Each figure links its report.
Brand	Revenue, YoY	Net profit, YoY
Q1 FY27 · ONGC fastest of 3 on revenue growth, 24.2 points ahead of HPCL
ONGC	+45.2%	+112%
HPCL	+21%	Net loss₹11,526 cr
Bharat Petroleum Corporation	+18.2%faster than −0.3% in Q4 FY26	Net loss₹3,962 cr

Also in the news with ONGC

Latest moves

Our read of each move first, where we have one; what the report said is marked Reported.

ONGC’s 112% standalone profit jump and 45.2% revenue growth are tempered by HPCL’s ₹12,265 crore loss and declining upstream production, making consolidated earnings quality a key watchpoint.Reported: ONGC reported standalone Q1 FY2026-27 net profit of ₹17,034 crore, up 112% year on year, on revenue growth of 45.2%. Consolidated earnings were pressured by HPCL’s ₹12,265 crore loss from petroleum-product under-recoveries, while ONGC’s oil and gas output declined.5 Aug2 reports from Financial Express and The Hindu BusinessLine

All 22 stories on ONGC

Background

From 3 stories, the newest dated 31 Aug 2026. Summary written 2 Oct 2026.

ONGC is an oil and gas company with upstream exploration activity in India; BP India said ONGC’s Western Offshore Basin includes 43 blocks.

Show 2 more paragraphs and 3 sources

ONGC also collaborates with BP on fuel retailing and mobility solutions, linking its upstream activity with parts of the fuel supply chain. [1] source: Financial Express

In August 2026, ONGC planned a crude and petroleum-products trading unit with participation from HPCL and MRPL, alongside a 1.75 million tonnes strategic petroleum reserve in Mangalore. [2] source: The Hindu BusinessLine BP India also described its collaboration with ONGC as expanding in August 2026. [1] source: Financial Express The reported reserve plan was set against an existing strategic reserve capacity of 5.33 million tonnes and 9.5 days of net oil-import coverage. [2] source: The Hindu BusinessLine In August 2026, a reported target for ONGC- and GAIL-related LPG output was 6,460 tonnes per day. [3] source: Outlook Business

Sources

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Questions about ONGC

What is ONGC's current strategy in India?

In August 2026, ONGC planned a crude and petroleum-products trading unit with HPCL and MRPL participation and a 1.75 million tonnes strategic petroleum reserve in Mangalore. [2] source: The Hindu BusinessLine In August 2026, BP India described its collaboration with ONGC, including fuel retailing and mobility solutions, as expanding. [1] source: Financial Express

Stories that mention ONGC

2 stories

ONGC is named in these stories but is not their subject.