Petronet LNG Reports 25% Yearly Profit Growth Amid Revenue Decline
Petronet LNG Q4 PAT climbs 25% YoY to Rs 1,337 cr
Business Standard
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Petronet LNG, a major player in India's gas supply, reported a 25.29% increase in consolidated net profit to ₹1,337.59 crore for Q4 FY26, despite a 23.33% drop in revenue to ₹9,442.06 crore. The company also announced a final dividend of ₹3.00 per share for FY26.
- 01Consolidated net profit increased by 25.29% to ₹1,337.59 crore in Q4 FY26.
- 02Revenue from operations decreased by 23.33% to ₹9,442.06 crore.
- 03Total expenses fell by 29.11% to ₹7,847.91 crore.
- 04Petronet LNG's full-year profit declined by 1.92% to ₹3,809.41 crore.
- 05The company recommended a final dividend of ₹3.00 per share.
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Petronet LNG, a joint venture involving major Indian public sector oil and gas companies, reported a 25.29% increase in consolidated net profit, reaching ₹1,337.59 crore for the fourth quarter of FY26, which ended on March 31, 2026. This growth occurred despite a 23.33% decline in revenue from operations, which fell to ₹9,442.06 crore during the same period. The company's profit before tax also rose by 24.34% year-on-year to ₹1,794.39 crore. Notably, total expenses saw a significant reduction of 29.11%, dropping to ₹7,847.91 crore compared to the previous year. For the full financial year, Petronet LNG's net profit decreased by 1.92% to ₹3,809.41 crore, alongside a 14.69% decline in revenue from operations amounting to ₹43,494.91 crore. The board has proposed a final dividend of ₹3.00 per equity share for FY26, reflecting its commitment to shareholder returns. Petronet LNG plays a crucial role in India's energy sector, accounting for approximately 34% of the country's gas supplies and handling about 74% of LNG imports.
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Petronet LNG's financial performance is vital for its stakeholders, including investors and employees, as it influences dividend payouts and operational stability.
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