{"id":138890,"date":"2023-01-20T12:54:02","date_gmt":"2023-01-20T17:54:02","guid":{"rendered":"https:\/\/44.250.171.167\/?p=138890"},"modified":"2023-01-20T12:54:03","modified_gmt":"2023-01-20T17:54:03","slug":"petronet-lng-q3fy23-60-growth-in-profits-qoq","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/petronet-lng-q3fy23-60-growth-in-profits-qoq\/","title":{"rendered":"Petronet LNG Q3FY23; 60% Growth in Profits QoQ"},"content":{"rendered":"\n<p>For the purpose of creating, designing, building, owning, and managing LNG import and regasification terminals in India, <a href=\"https:\/\/44.250.171.167\/symbol\/petronet\/\" target=\"_blank\" rel=\"noreferrer noopener\">Petronet LNG Ltd<\/a>. was established.<\/p>\n\n\n\n<p><strong>Financial Results:<\/strong><\/p>\n\n\n\n<p>For Q3FY23, Petronet LNG Ltd, India&#8217;s biggest importer of liquefied natural gas, reported a 58.6% increase quarter-over-quarter in net profit at \u20b9 1,180.5 crores due to decrease in expenses compared to the previous quarter.<\/p>\n\n\n\n<div class=\"wp-block-image is-style-default\"><figure class=\"aligncenter\"><a href=\"https:\/\/lh5.googleusercontent.com\/bTxv_RAQ5GXKa7jczCGSBht4XmHVQeOVrCtqyzJcDHC3QUSxjFRqaT1JiHOlwOATDltrxRMn8wzQCY2B3Lcvv11hBI-OyUYZcfD3fu8yABdcy8g-enZZFl9pEzkLrYimZ_-lNoVLvg9p612b6WhzK0S2IzG_ggPHBdgmJWmAn0cbWNew-as1vFiI7QvdTw\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/bTxv_RAQ5GXKa7jczCGSBht4XmHVQeOVrCtqyzJcDHC3QUSxjFRqaT1JiHOlwOATDltrxRMn8wzQCY2B3Lcvv11hBI-OyUYZcfD3fu8yABdcy8g-enZZFl9pEzkLrYimZ_-lNoVLvg9p612b6WhzK0S2IzG_ggPHBdgmJWmAn0cbWNew-as1vFiI7QvdTw\" alt=\"\"\/><\/a><\/figure><\/div>\n\n\n\n<p>Operational-level EBITDA climbed 42.8% to \u20b9 1,675.4 crores in Q3FY23 compared to \u20b9 1,173 crores in Q3FY22. In the October &#8211; December quarter versus the equivalent quarter of the current fiscal, the EBITDA margin was 10.6% as opposed to 7.3% in Q3FY22.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>For the purpose of creating, designing, building, owning, and managing LNG import and regasification terminals in India, Petronet LNG Ltd. was established. Financial Results: For Q3FY23, Petronet LNG Ltd, India&#8217;s biggest importer of liquefied natural gas, reported a 58.6% increase quarter-over-quarter in net profit at \u20b9 1,180.5 crores due to decrease in expenses compared to [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":134544,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,5746,6352],"tags":[8161,11374,11373],"class_list":["post-138890","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-energy-stocks","category-research-summary","tag-energy","tag-lng","tag-petrol"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-582256640.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":167261,"url":"https:\/\/alphastreet.com\/india\/petronet-lng-ltd-q3fy25-27-fall-in-profits\/","url_meta":{"origin":138890,"position":0},"title":"Petronet LNG Ltd Q3FY25; 27% fall in Profits","author":"Chirag Gupta","date":"March 7, 2025","format":false,"excerpt":"Petronet LNG Ltd was formed to develop, design, construct, own and operate Liquefied Natural Gas (LNG) Import and regasification terminals in India. Financial Results: Petronet LNG Ltd reported Revenues for Q3FY25 of \u20b912,227.00 Crores down from \u20b914,747.00 Crore year on year, a fall of 17.09%. Total Expenses for Q3FY25 of\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/2-4.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/2-4.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/2-4.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/2-4.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/2-4.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/2-4.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":162395,"url":"https:\/\/alphastreet.com\/india\/petronet-lng-ltd-q4fy24-20-rise-in-profits\/","url_meta":{"origin":138890,"position":1},"title":"Petronet LNG Ltd Q4FY24; 20% rise in Profits","author":"Chirag Gupta","date":"June 20, 2024","format":false,"excerpt":"Petronet LNG Ltd was formed to develop, design, construct, own and operate Liquefied Natural Gas (LNG) Import and regasification terminals in India. Financial Results: Petronet LNG Ltd reported Revenues for Q4FY24 of \u20b913,793.00 Crores down from \u20b913,874.00 Crore year on year, a fall of 0.58%. Total Expenses for Q4FY24 of\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-184.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-184.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-184.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-184.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-184.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-184.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":163321,"url":"https:\/\/alphastreet.com\/india\/petronet-lng-ltd-q1fy25-45-rise-in-profits\/","url_meta":{"origin":138890,"position":2},"title":"Petronet LNG Ltd Q1FY25; 45% rise in Profits","author":"Chirag Gupta","date":"July 29, 2024","format":false,"excerpt":"Petronet LNG Ltd was formed to develop, design, construct, own and operate Liquefied Natural Gas (LNG) Import and regasification terminals in India. Financial Results: Petronet LNG Ltd reported Revenues for Q1FY25 of \u20b913,415.00 Crores up from \u20b911,656.00 Crore year on year, a rise of 15.09%. Total Expenses for Q1FY25 of\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-180.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-180.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-180.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-180.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-180.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-180.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":144927,"url":"https:\/\/alphastreet.com\/india\/petronet-lng-limited-q4fy23-earnings-story\/","url_meta":{"origin":138890,"position":3},"title":"Petronet LNG Limited Q4FY23 Earnings Story","author":"Karan_Singh","date":"May 3, 2023","format":false,"excerpt":"In order to develop, design, build, own, and manage LNG import and regasification terminals in India, Petronet LNG Ltd was established. As a joint venture with each holding 12.5%, GAIL, Indian Oil, Bharat Petroleum, and ONGC founded it in 1998. Financial Results: Petronet LNG Ltd. reported Total Income for Q4FY23\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-582256640.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-582256640.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-582256640.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-582256640.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":150675,"url":"https:\/\/alphastreet.com\/india\/petronet-lng-ltd-q1fy24-13-rise-in-profits\/","url_meta":{"origin":138890,"position":4},"title":"Petronet LNG Ltd Q1FY24; 13% rise in Profits","author":"Karan_Singh","date":"August 1, 2023","format":false,"excerpt":"Petronet LNG Ltd was formed to develop, design, construct, own and operate Liquefied Natural Gas (LNG) Import and regasification terminals in India. Financial Results: Petronet LNG Ltd reported Revenues for Q1FY24 of \u20b911,656.00 Crores down from \u20b914,264.00 Crore year on year, a fall of 18.28%. Total Expenses for Q1FY24 of\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-10.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-10.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-10.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-10.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-10.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-10.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":156451,"url":"https:\/\/alphastreet.com\/india\/petronet-lng-ltd-q2fy24-10-rise-in-profits\/","url_meta":{"origin":138890,"position":5},"title":"Petronet LNG Ltd Q2FY24; 10% rise in Profits","author":"Chirag Gupta","date":"November 20, 2023","format":false,"excerpt":"Petronet LNG Ltd was formed to develop, design, construct, own and operate Liquefied Natural Gas (LNG) Import and regasification terminals in India. Financial Results: Petronet LNG Ltd reported Revenues for Q2FY24 of \u20b912,532.00 Crores down from \u20b915,986.00 Crore year on year, a fall of 21.61%. Total Expenses for Q2FY24 of\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-256.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-256.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-256.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-256.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-256.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-256.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/138890","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=138890"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/138890\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/134544"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=138890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=138890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=138890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}