ONGC Q2 profit falls 18% on low oil prices;₹6 dividend
ONGC reported an 18% YoY drop in Q2FY26 profit to ₹9,848 crore due to lower crude prices, while revenue fell 2.5% to ₹33,031 crore. The firm announced an interim dividend of ₹6/share with a payout of ₹7,548 crore. ONGC also approved a ₹421.5 crore investment in Ayana Renewable Power to expand its renewable portfolio.