Petronet LNG Limited has delivered a robust financial performance for the quarter and year ended 31st March 2026. Despite challenges in the Gulf region, the company achieved its highest-ever quarterly Profit Before Tax of INR 1,795 crore and Profit After Tax of INR 1,338 crore. The Board has recommended a final dividend of INR 3 per share, reflecting strong operational efficiency and a solid outlook for the coming financial year.
Record Financial Growth
During the fourth quarter of FY ’26, Petronet LNG reported impressive financial results. The quarterly Profit Before Tax stood at INR 1,795 crore, compared to INR 1,144 crore in the previous quarter. The Profit After Tax reached INR 1,338 crore, a significant increase from INR 848 crore in Q3 FY ’26. For the full financial year ended 31st March 2026, the company recorded a Profit After Tax of INR 3,843 crore at the standalone level and INR 3,913 crore at the consolidated level.
Operational Resilience and Terminal Performance
Despite regional uncertainties impacting supply chains, the Dahej terminal maintained strong capacity utilization, averaging 90.1% for the quarter. A key milestone was achieved at the Kochi terminal, which recorded its highest-ever annual volume throughput of 68 TBTU. Management remains optimistic about a normalization of volumes starting from June 2026 as supply chains stabilize.
Strategic Investments and Future Capex
The company is aggressively pursuing its expansion strategy with a projected CAPEX budget of INR 9,000 crore for FY ’27. The primary focus is the upcoming Petrochemical project, which accounts for approximately INR 7,500 crore of the total outlay. Additionally, Petronet is investing in a third jetty and is exploring new storage infrastructure, including plans for additional tanks at Gopalpur and Kochi, to enhance energy security and support long-term growth.
New Contracts and Diversification
Petronet continues to diversify its sourcing portfolio. The company has finalized new contracts, including an arrangement with ExxonMobil that commenced in April, and an upcoming contract with Equinor for cargo starting in May 2026. These initiatives are expected to support volume recovery and displace potential shortfalls caused by external supply disruptions.
Source: BSE
