KG-DWN-98/2 ramp-up delays
Despite installation completion, any further delays in hook-up and commissioning could push first gas beyond Q1 FY27, impacting production targets.
high · analyst_questionOil and Natural Gas Corporation Limited — Q3 FY26
ONGC reported a 23% YoY rise in consolidated net profit to ₹11,946 crore in Q3 FY26, driven by higher gas revenue, lower statutory levies, and improved subsidiary performance, d...
bullish
high
Financial stats pending filing verification
Risk Intelligence
Material risks this quarter
Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.
Risks
Crude oil price volatility
Crude oil prices declined 12% YoY to $61.63/bbl in Q3; sustained low prices could pressure revenue and profitability despite cost measures.
high · data_observationGST increase on oil services
The GST on oil services was raised from 12% to 18%, with no input tax credit relief expected, adding to cost pressures.
medium · management_commentaryOPaL debt overhang
OPaL still carries net debt of ₹23,000-24,000 crore; while profitability is improving, any downturn in petrochemical margins could strain cash flows.
medium · analyst_question