Petronet LNG Ltd was formed to develop, design, construct, own and operate Liquefied Natural Gas (LNG) Import and regasification terminals in India. Presenting below are its Q1 FY26 earnings results.
Petronet LNG Q1 FY26 Earnings Results
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Total Income: ₹11,880 crores, down 13.3% QoQ (Q4 FY25: ₹13,946.80 crores) and down 11.4% YoY (Q1 FY25: ₹13,592.84 crores).
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Total Expenses: ₹10,987 crores, down 16.3% QoQ and 9.3% YoY.
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Profit Before Tax (PBT): ₹1,109.86 crores, up 11.9% QoQ (Q4 FY25: ₹992.03 crores), down 25% YoY (Q1 FY25: ₹1,478.95 crores).
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Profit After Tax (PAT): ₹841.88 crores, up 10.1% QoQ (Q4 FY25: ₹764.43 crores), down 23.8% YoY (Q1 FY25: ₹1,105.47 crores).
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Earnings Per Share (EPS): ₹5.61, up 9.8% QoQ (Q4 FY25: ₹5.10), down 24.8% YoY.
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LNG Volume Processed: 220 TBTU, up 7% QoQ and down from 262 TBTU YoY.
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Dahej Terminal Throughput: 207 TBTU in Q1; Kochi also contributed.
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Net Worth: ₹20,233 crores as of June 30, 2025.
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Major Project Approval: Board approved capex of ₹6,355 crores for a 5 MMTPA greenfield LNG terminal at Gopalpur, Odisha, replacing earlier FSRU plan. The total project is expected over 3 years via mix of debt and equity.
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Other Developments: New supply agreement with Deepak Fertilisers announced; actively seeking capex loan and expansion financing.
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Regasification Capacity: Dahej expanding to 22.5 MMTPA; Kochi at 5 MMTPA.
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Market Leadership: Petronet remains India’s largest LNG importer, handling 74% of national imports and supplying ~34% of domestic gas.
Key Management Commentary & Strategic Highlights
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Volumes processed increased sequentially, driven by operational improvements and stable LNG prices, enabling better capacity utilization.
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Despite higher throughput, profitability fell YoY due to global price volatility, lower spreads, and some operational cost inflation.
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Petronet’s Board reinforced commitment to aggressive east-coast expansion, with Gopalpur terminal positioning it for future demand and supply diversification.
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The company’s solid net worth, healthy profit growth QoQ, and prudent cost controls underscore its resilience despite current energy market softness.
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Strategic partnerships (Deepak Fertilisers) and expanded infrastructure highlight Petronet’s central role in India’s energy transition.
Q4 FY25 Earnings Results
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Total Income: ₹12,316 crores.
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Total Expenses: ₹10,803 crores.
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Profit Before Tax (PBT): ₹1,443 crores.
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Profit After Tax (PAT): ₹1,095 crores.
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EPS: ₹7.30.
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LNG Volume Processed: 205 TBTU.
To view the company’s previous earnings and latest concall transcripts, click here to visit the Alphastreet India news channel.