ONGC shares fall 4% despite 46% YoY jump in Q4 profit; revenue rises 4%

ONGC shares fell as much as 4% on Wednesday despite the state-run explorer reporting a 46% YoY rise in consolidated Q4 net profit to Rs 10,820 crore. Revenue from operations grew 4% to Rs 1,73,805 crore, while standalone FY26 profit stood at Rs 32,894 crore. The company also highlighted strong performance by key subsidiaries, including HPCL, MRPL, ONGC Videsh and OPaL.