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 TV1806-01-2026, 18:43

ONGC Takes Control of Andhra Gas Leak Site; Flame Intensity Drops

  • ONGC's senior management assumed operational control of the Mori-5 well in Andhra Pradesh following a gas leak.
  • Director Vikram Saxena and crisis management experts are leading operations at Irusumanda village, Malkipuram mandal.
  • Excavation for a temporary canal and deployment of high-capacity firewater pumps completed; blowout control plan finalized.
  • Flame intensity and size are gradually reducing, with the team successfully redirecting the flame vertically.
  • Continuous monitoring of air quality, noise levels, and water bodies within a 600-metre radius; no casualties reported.

Why It Matters: ONGC actively manages Andhra Pradesh gas leak, reducing flame intensity and monitoring environmental impact.

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