No 7. Oil & Natural Gas Corporation | Net profit: ₹36,226 crore | Despite a 26% decline in net profit for FY25, ONGC remained among the country’s top earners, posting a net profit of ₹36,226 crore. However, the state-owned oil exploration giant slipped to seventh place, down from fourth in the previous year’s rankings.
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CNBC TV1805-01-2026, 16:48

ONGC Contains Andhra Pradesh Gas Leak; No Harm Reported, Shares Dip

  • ONGC reported a gas leak during workover operations at its Mori field facility in Andhra Pradesh.
  • No casualties or injuries occurred, and safety risks to the public are minimal due to the remote location.
  • Site secured, cooling operations initiated, and Crisis Management Teams mobilized for containment.
  • Preparatory work for well-control operations is underway, with coordination for international specialists.
  • ONGC shares closed 1.41% lower on NSE following the incident.

Why It Matters: ONGC successfully contained a gas leak in Andhra Pradesh with no harm, but shares dropped.

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