Petronet LNG Limited announced its financial results for the second quarter and half-year ended September 30, 2026. The company achieved its best ever second quarter and half-year performance in terms of Profit Before Tax (PBT) and Profit After Tax (PAT). PBT grew 53% year-on-year to INR1,659 crores, while PAT also saw a similar increase to INR1,235 crores.
Petronet LNG Achieves Record Financial Performance in Q2 FY27
Petronet LNG Limited (PLL) has reported a stellar financial performance for the second quarter and the first half of the Financial Year 2026-27, marking its best ever results for both periods in terms of Profit Before Tax (PBT) and Profit After Tax (PAT).
Operational Highlights
During the second quarter of FY27, PLL processed 231 TBTU of LNG, a 12% increase from the previous quarter and a 1% growth compared to the corresponding quarter last year. Dahej terminal throughput stood at 216 TBTU. The company clarified that utilization percentages are based on Dahej’s expanded capacity of 22.5 million ton per annum. Capacity utilization at Dahej was 73%, and overall utilization was 64%.
Financial Performance Snapshot
The financial results showcased significant year-on-year growth. PBT for the quarter stood at INR1,659 crores, a 10% increase sequentially and a substantial 53% growth year-on-year, compared to INR1,083 crores in the corresponding quarter last year. PAT for the quarter was INR1,235 crores, an increase from INR1,133 crores in the previous quarter and a 53% jump year-on-year from INR806 crores.
For the first half of FY27, PBT reached INR3,174 crores and PAT stood at INR2,368 crores, both registering a commendable 43% growth over the corresponding period last year. The company expressed gratitude to investors for their trust and support.
Outlook and Future Guidance
The company is focused on achieving its target capex of approximately INR9,000 crores for the fiscal year, with a significant portion expected in the second half. Discussions are ongoing for contract renewals and potential expansion projects. Petronet LNG is also exploring opportunities to effectively utilize its vessel capacity.
Interim Dividend Declared
In a positive closing note, the Board of Directors of Petronet LNG has approved an interim dividend of INR7 per share. This decision reflects the company’s commitment to maintaining dividend payouts despite significant capex programs.
Source: BSE
