Oil and Natural Gas revenue and financials

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Close · October 7, 2026

In the fiscal year ended March 2026, Oil and Natural Gas reported revenue of ₹6.09T (−0.56% year over year). Net income was ₹414.24B, a net margin of 6.8%.

Annual revenue · 2026: ₹6.09T

₹4.91T2022
₹6.32T2023
₹6.02T2024
₹6.12T2025
₹6.09T2026

Fiscal year ending in March. Sources and method on the page Methodology and sources.

At a glance

Revenue growth: −0.56%; FY to Mar 2026 vs FY to Mar 2025
Net income growth: +14.35%; FY to Mar 2026 vs FY to Mar 2025
Net margin: 6.8%; FY to Mar 2025: 5.9%

Financial data

Amounts in millions of INR; per-share values in INR; shares in millions.

Balance sheet · Annual
Item	FY to Mar 2026	FY to Mar 2025	FY to Mar 2024	FY to Mar 2023	FY to Mar 2022
Total assets	7,919,044	7,587,289	7,419,979	6,180,083	5,853,903
Current assets	1,419,386	1,347,046	1,402,207	1,147,900	1,059,897
Cash and equivalents	15,544	45,635	41,416	26,400	50,347
Short-term investments	307,544	248,359	371,972	289,797	17,404
Receivables	259,808	245,861	232,750	212,654	205,817
Inventory	649,183	589,563	537,928	442,409	541,631
Net property, plant and equipment	4,221,828	4,132,741	3,984,152	3,340,789	3,136,458
Goodwill	138,218	127,625	121,364	120,334	112,056
Other intangible assets	263,327	267,448	253,527	214,840	362,621
Long-term investments	980,196	923,760	954,832	737,111	612,839
Current liabilities	1,688,886	1,668,446	1,693,475	1,329,068	1,273,652
Accounts payable	902,826	835,304	381,473	336,426	401,860
Long-term debt	938,229	984,741	969,706	983,595	896,405
Total debt	1,742,991	2,188,806	1,911,952	1,767,440	—
Total liabilities	3,822,111	3,844,938	3,823,737	3,146,256	3,020,624
Total equity (incl. minority)	4,096,933	3,742,351	3,596,243	3,033,827	2,833,278
Retained earnings	3,522,514	3,280,219	3,162,614	2,768,759	2,568,068
Minority interest	379,255	307,946	205,554	206,077	238,249