ConCallIQ
Go Pro
Home › Oil & Natural Gas Corporation › Revenue History

Oil & Natural Gas Corporation Revenue History — Quarter by Quarter

Oil & Natural Gas Corporation's revenue moved from ₹1,47,614 Cr in Q2 FY24 to ₹1,67,423 Cr in Q3 FY26, a 13.4% change over 10 quarters. The table keeps each quarter linked back to the underlying earnings page.

Revenue by Quarter

QuarterRevenue (₹ Cr)YoY Change
Q3 FY26₹1,67,423 Cr—
Q2 FY26₹1,57,911 Cr—
Q1 FY26₹1,63,108 Cr—
Q4 FY25₹1,70,812 Cr-0.3%
Q3 FY25₹1,67,213 Cr—
Q2 FY25₹1,59,331 Cr—
Q1 FY25₹1,68,968 Cr—
Q4 FY24₹1,72,137 Cr—
Q3 FY24₹1,67,357 Cr—
Q2 FY24₹1,47,614 Cr—

What management said about revenue

G

Q3 FY26 · FY27 production target of 42.5 million tonnes (oil & gas equivalent)

Management guided for standalone production of 42.5 million tonnes in FY27, comprising ~21 million tonnes of oil and ~21.5 million tonnes of gas equivalent.

G

Q3 FY26 · New Well Gas share to increase to 24% in FY27

Management expects the share of New Well Gas in total gas production to rise from 18% to 24% in FY27.

G

Q2 FY26 · FY27 standalone oil production target of 21 MMT

Management guided FY27 standalone crude oil production at 21 MMT, up from expected 19.8 MMT in FY26.

G

Q2 FY26 · FY27 standalone gas production target of 21.5 BCM

Management guided FY27 standalone gas production at 21.5 BCM, up from expected 20 BCM in FY26.

G

Q2 FY26 · KG 98/2 gas ramp-up to 10 MMSCMD by mid-2026

Gas production from KG 98/2 is expected to ramp up to 10 MMSCMD by June-July 2026 after living quarters installation.

G

Q1 FY26 · KG Basin ramp-up to 45,000 bbl/d oil and 6-7 mmscmd gas by Q4 FY26

KG Basin oil production to increase from 30,000 bbl/d to 45,000 bbl/d and gas from 3 mmscmd to 6-7 mmscmd by Q4 FY26, after living quarter installation in Nov-Dec 2025.

G

Q1 FY26 · FY26 standalone production guidance: 20.928 MMT crude oil, 20.110 BCM gas

Management guided standalone crude oil production of 20.928 MMT and gas production of 20.110 BCM for FY26.

G

Q1 FY26 · FY27 standalone production guidance: 21 MMT crude oil, 21.487 BCM gas

Management guided standalone crude oil production of 21 MMT and gas production of 21.487 BCM for FY27.

G

Q1 FY26 · New Well Gas volume to reach 4.8+ BCM in FY27 (24-25% of total gas)

New Well Gas volume expected to increase from 2.6 BCM in FY26 to 4.8+ BCM in FY27, representing 24-25% of total gas production.

G

Q4 FY25 · Standalone crude oil production target of ~21.5 MMT for FY26

Management expects crude production to rise to 21.5 million metric tons in FY26, driven by TSP initiatives and new wells.

G

Q4 FY25 · Standalone gas production target of ~21 BCM for FY26

Gas production expected to reach 21 BCM in FY26, with 5 MSCMD incremental from DUDP by Q4 FY26.

G

Q4 FY25 · New well gas to add INR 1,500-2,000 crore revenue in FY26

Revenue from new well gas pricing expected to double from INR 700 crore in FY25 to INR 1,500-2,000 crore in FY26.