Energy | 05 August 2026
ONGC delivers stellar with Rs. 17,034 crore profit
Launches Rs. 40,000 crore Western Offshore push
Launches Rs. 40,000 crore Western Offshore push
Net sales reached $2.8 billion, rising 18 percent sequentially, driven by a 4 percent increase in volume and a 14 percent increase in price
The company posted net sales of $1.8 billion for the second quarter
EBITDA more than doubled year over year, rising 100% from $340 million in the second quarter of 2025 to $679 million
Scent delivered high-single-digit growth, while Taste and Health & Biosciences posted mid-single-digit gains
The move strengthens Aquatech’s ability to provide end-to-end water lifecycle solutions
The breakthrough observations solved a long-standing mystery about how the reaction works at the molecular level
The company reported net sales of $883 million for the quarter ended June 27, 2026
Coal gasification can become an important part of India’s industrial feedstock strategy, but not everywhere and not for every molecule
The new facility increases the site's total PVA production capacity to 210,000 metric tons per year
The company posted net revenue of Rs. 2,299.52 crore for the quarter ended June 30
Execution of the first tranche has already begun at Praj GenX's mega manufacturing facility in Mangaluru, Karnataka
Exports continued to be a key growth driver, contributing 58% of total revenue at Rs. 222 crore
The move follows the completion of the share exchange on Aug. 1, 2026
Prior to this, Robles served as Head of Production & Supply for Africa, Middle East, and Asia (AMEA)
Commercial production and supply are scheduled to begin from next financial year.
EBITDA rose 17.5% year-on-year to Rs. 65.5 crore
The company posted a net profit of Rs. 191 crore for the quarter ended June 30, 2026
However exports hold steady at Rs. 89 crore
Operating cash flow surged to $23.6 billion, with free cash flow totaling $17.2 billion
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