
Petronet's Q4 consolidated net profit up 45% at ₹1,067.58 crore
New Delhi: Petronet LNG's profit jumped nearly by half in the quarter ended March, driven by 'efficiency in operations and higher capacity utilization'.
The company reported a 45.4% year-on-year rise in its consolidated net profit for the quarter to ₹ 1,067.58 crore, according to its exchange filing. Its profit after tax stood at ₹ 734.07 crore a year earlier.
The company's total income for the period under review was ₹ 12,513.15 crore, 10.28% lower than ₹ 13,946.80 crore earned in fourth quarter of FY24. Its profit rose despite the decline in revenue because of lower expenses.
The joint venture of GAIL Ltd, Bharat Petroleum Corp. Ltd, Indian Oil Corp. Ltd and ONGC reported a 14.5% year-on-year fall in its expenses at ₹ 11,070.04 crore. The expenditure on the 'cost of materials consumed', largely liquefied natural gas (LNG) in this case, fell to ₹ 10,831.61 crore in the March quarter compared with ₹ 12,438.47 crore a year earlier.
During the current quarter, some offtakers or gas buyers paid outstanding dues worth ₹ 360.94 crore pertaining to 2021, which added to Petronet's income and profits.
Dahej terminal processed 189 trillion British thermal units (tbtu) of LNG during the quarter against 219 tbtu a year earlier and 213 tbtu in the previous quarter. The overall LNG volume processed by the company in January-March stood at 205 tbtu versus 234 tbtu during the same quarter of the previous fiscal.
For the financial year 2024-25 (FY25), Petronet LNG's net profit increased 10.11% to ₹ 3,883.92 crore against ₹ 3,527.02 crore in the previous fiscal.
In the last fiscal, the Dahej terminal processed LNG volume of 876 tbtu as against 865 tbtu in FY24. Its overall LNG volume rose to the highest ever at 934 tbtu in FY25 against 919 tbtu processed in the previous financial year.
'Considering the robust performance, the Board of Directors of the company has recommended a final dividend of ₹ 3 per share,' the Petronet LNG statement said.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Mint
3 hours ago
- Mint
Chanel's CEO Leena Nair awarded UK's Commander of the British Empire honour for leadership in retail & consumer sector
Leena Nair (55), Global Chief Executive Officer of fashion giant Chanel, on Wednesday was awarded Britain's Commander of the Order of the British Empire (CBE) honour for her leadership in retail and consumer sector. The British-Indian woman was honoured with the CBE by Prince William, the Prince of Wales, during an investiture ceremony held at Windsor Castle, in Windsor, United Kingdom. 'Leena has built a global reputation for progressive human-centred leadership, delivering holistic business impact for the long-term. Under Leena's leadership, Chanel has continued to drive its brand excellence, enhance client experience, and accelerate its sustainability commitments,' Chanel said in a statement on Wednesday. The award is part of the 2025 King's New Years Honours list which recognises individuals for their distinguished service or achievements in the UK. 'It is an honour to receive this extraordinary recognition. I am deeply grateful for the unconditional support of my family and for the wisdom and generosity of all the people at Unilever and Chanel. I share this honour with all these wonderful people who have accompanied my career journey and shaped my values. I am especially thankful to my amazing team at Chanel, to whom I dedicate this award. This inspires me to continue to lead Chanel with audacity and integrity and to strive to have a positive impact in the world,' Nair said in the statement. Leena Nair at the investiture ceremony held at Windsor Castle, in Windsor, United Kingdom. Leena Nair was raised in Kolhapur, Maharashtra. She lived in India during her childhood and early career. She holds an MBA degree from XLRI Jamshedpur. Leena has been Global CEO at Chanel since January 2022. She had spent 30 years at consumer goods multinational Unilever. At the company, she became the first female, first Asian, and youngest ever Chief Human Resources Officer. She had also served as a member of the Board of the Leverhulme Trust, and as a non-executive director at BT Plc. and the UK government's Business, Energy and Industrial Strategy department.


India Gazette
4 hours ago
- India Gazette
How Brit Accent Company Emerged From Startup To Perfume Market Leader
SMPL New Delhi [India], June 11: Brit Accent Company revolutionizes the perfume industry with innovative scents and marketing strategies, capturing significant market share in just six years. Brit Accent Company, a once-fledgling startup, has emerged as a dominant force in the global perfume market, showcasing unprecedented growth and innovation since its inception in 2019. The company's meteoric rise is attributed to its unique blend of traditional British fragrances with modern twists, coupled with strategic marketing campaigns that resonated with consumers. The company's vision was to create perfumes that capture the essence of British culture and tradition while appealing to modern sensibilities. This unique approach set the stage for their incredible journey from a fledgling business to a market leader in the global perfume industry. CEO and Founder, Rohit Kumar Agrawal, states, 'Our journey from a small startup to a market leader has been nothing short of extraordinary. We've redefined what it means to wear a truly British Scent Smell, and our customers have embraced our vision wholeheartedly.' Brit Accent's success stems from its commitment to sustainable practices and the use of locally-sourced ingredients, setting new industry standards. The company's flagship product, 'Canyon Perfume and Depth of Ocean Perfume' has become a bestseller in India, cementing its position as a top brand in India. Richa Agrawal, Chief Marketing Officer, adds, 'Our success lies in our ability to tell a compelling story through our fragrances. Each scent is a journey through British culture and history, resonating with consumers on an emotional level.' As Brit Accent continues to expand its product line and reach to Indian's, industry analysts predict further growth and market dominance in the coming years. The company's innovative approach to fragrance creation and marketing has not only disrupted the perfume industry but also set new benchmarks for startups worldwide. Brit Accent's success can be attributed to its clever combination of traditional British fragrances with contemporary twists. This approach allowed them to create scents that are both familiar and exciting to consumers. By reimagining classic British aromas, the company has managed to carve out a distinct niche in the crowded perfume market. Brit Accent's journey from a small startup to a market leader in the perfume industry is a testament to the power of innovation, sustainability, and effective storytelling. As the company continues to grow and evolve, it serves as an inspiration for entrepreneurs and businesses around the world. About Brit Accent Company: Founded in 2019, Brit Accent Company is a leading perfume seller known for its innovative fragrances that capture the essence of British culture. With a commitment to sustainability and quality, the company has rapidly grown to become a major player in the Indian fragrance market. Website : Social Profile : Contact Information: Brit Accent (Sangrila Lifestyle Pvt. Ltd.) Address : 701, 7F, ILD Trade Centre, Sector 47, Gurgaon, Haryana, 122018 Phone: 8287130093 Email: admin@ (ADVERTORIAL DISCLAIMER: The above press release has been provided by SMPL. ANI will not be responsible in any way for the content of the same)


Economic Times
8 hours ago
- Economic Times
Meet Radhika Subramaniam, India's first AI travel influencer who speaks Tamil and English, and is always on a holiday break
Tired of too many ads? Remove Ads Focus on Gen Z and cultural narratives Creator aims to build deeper audience connection What is an AI travel influencer? Germany launched a similar avatar in 2023 Engagement potential for brands A media company has created a travel influencer who never needs a passport, never takes a break — and yet is always on one. Collective Artists Network has introduced Radhika Subramaniam , a bilingual AI-generated personality who speaks both Tamil and English. Designed to travel across India and share stories rooted in culture and identity, Radhika is India's first virtual travel influencer built entirely by artificial follows the earlier introduction of Kavya, a millennial-focused AI influencer who promotes aspirational and luxury content. In contrast, Radhika is positioned as a solo traveller representing Gen Z values, with a backstory that includes leaving a secure corporate job to travel across the new virtual personality , Vijay Subramaniam, Founder and Group CEO of Collective Artists Network, said, 'Radhika feels like someone we all know, that one friend who took the leap and actually went on the trip. She's thoughtful, independent, and interested in the world around her. With her, we wanted to build more than just a new kind of influencer — we wanted to create someone who could tell stories with heart, and make people feel seen.'An AI travel influencer is a computer-generated personality created using artificial intelligence tools such as generative design, machine learning, and natural language processing. These virtual characters are built with specific personalities, backstories, and communication styles, allowing them to post on social media, interact with users, and promote destinations or products—just like human influencers. AI influencers can be tailored for different audiences and are always available to produce consistent content without real-world is not alone in exploring this space. In 2023, the German National Tourist Board introduced Emma, an AI-generated travel ambassador created to promote tourism in Germany. Emma is portrayed as a young, enthusiastic traveller fluent in 20 languages, including English in a British accent. She was launched through a video campaign and described as an 'innovative, interactive brand ambassador' designed to engage global audiences to the company, the storytelling ability of Radhika sets her apart in the influencer space. Sudeep Subhash, Chief Revenue Officer at Collective Artists Network and CEO of Big Bang Social, said, 'There's a warmth to Radhika that's hard to fake. She's not just spitting out trends or trying to be viral — she actually gets the context. For brands, that's gold. You get someone who's always on, always in sync with your voice — but also genuinely engaging for the audience. That kind of storytelling at scale is really exciting.'