FCC

Petronet LNG Q4 Profit Jumps to Rs 10.7 Bn

2025-05-22

Petronet LNG reported a 45 per cent year-on-year rise in standalone net profit for the fourth quarter of financial year 2024–25 (Q4 FY25), reaching Rs 10.7 billion, compared to Rs 7.37 billion in the same period last year.

Sequentially, profit rose by 23.4 per cent, driven largely by the reversal of an impairment charge amounting to Rs 2.34 billion during the quarter.

However, revenue from operations fell to Rs 123.15 billion, down from Rs 137.93 billion in Q4 FY24.

The company’s board has recommended a final dividend of Rs 3 per share.

In terms of operations, Petronet’s Dahej terminal processed 189 TBTU (Trillion British Thermal Units) of LNG in Q4, compared to 219 TBTU in the same period last year and 213 TBTU in the previous quarter. Total LNG volume handled stood at 205 TBTU, down from 234 TBTU in Q4 FY24 and 228 TBTU in Q3 FY25.

Managing Director Akshay Kumar Singh explained that the volume dip was due to elevated LNG prices, which saw a price gap of USD 3–4 per mmBtu compared to the previous quarter.

He added that rising power demand and softening LNG prices are expected to boost volumes in the current quarter (Q1 FY26).