Latest news with #PetronetLNG
Business Standard
20-05-2025
- Business
- Business Standard
Petronet LNG registers 45% YoY increase in Q4 PAT; board OKs dividend of Rs 3/share
Petronet LNG has reported 45.1% rise in standalone net profit to Rs 1070.18 despite a 10.7% fall in net sales to Rs 12,315.75 crore in Q4 FY25 as compared with Q4 FY24. During the quarter ended 31 March 2025, the companys Dahej terminal processed 189 TBTU of LNG as against 219 TBTU during the corresponding quarter ended 31 March 2024 and 213 TBTU during the previous quarter ended 31 December 2024. The overall LNG volume processed by the company in the current quarter was 205 TBTU, as against 234 TBTU and 228 TBTU in the corresponding and previous quarters, respectively. Total operating expenses for the period under review amounted to Rs 10,802.83 crore, down 14.9% YoY. Profit before tax in Q4 FY25 stood at Rs 1445.83 crore, up by 45.2% from Rs 995.65 crore in Q4 FY24. During the current quarter, the offtakers have made payment of outstanding Use or Pay dues of Rs 360.94 crore pertaining to CY 2021. For FY25, Petronet LNG has registered a standalone net profit of Rs 3,926.37 crore (up 11% YoY) and net sales of Rs 50,979.56 crore (down 3.3% YoY). The robust financial performance of the current financial year was achieved due to efficiency in operations and higher capacity utilization, the company stated. Considering the FY25 performance, the board of directors of the company has recommended final dividend of Rs 3 per share. Petronet LNG was formed to develop, design, construct, own, and operate liquefied natural gas (LNG) import and regasification terminals in India. The scrip fell 1.47% to currently trade at Rs 316.05 on the BSE.
Business Standard
20-05-2025
- Business
- Business Standard
Petronet LNG consolidated net profit rises 43.23% in the March 2025 quarter
Sales decline 10.71% to Rs 12315.75 crore Net profit of Petronet LNG rose 43.23% to Rs 1094.90 crore in the quarter ended March 2025 as against Rs 764.43 crore during the previous quarter ended March 2024. Sales declined 10.71% to Rs 12315.75 crore in the quarter ended March 2025 as against Rs 13793.16 crore during the previous quarter ended March 2024. For the full year,net profit rose 8.77% to Rs 3972.68 crore in the year ended March 2025 as against Rs 3652.44 crore during the previous year ended March 2024. Sales declined 3.31% to Rs 50982.03 crore in the year ended March 2025 as against Rs 52729.33 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 12315.7513793.16 -11 50982.0352729.33 -3 OPM % 12.288.00 - 10.849.87 - PBDT 1648.891186.45 39 6039.085524.24 9 PBT 1443.11992.03 45 5232.874747.68 10 NP 1094.90764.43 43 3972.683652.44 9
Time of India
20-05-2025
- Business
- Time of India
Petronet LNG FY25 PAT rises 11%to ₹3,926 cr; Q4 profit at ₹1,070 cr
New Delhi: Petronet LNG Ltd reported a profit after tax (PAT) of ₹3,926 crore for the financial year ended March 31, 2025, registering an 11 per cent increase over ₹3,536 crore recorded in the previous financial year. The company also posted its highest-ever profit before tax (PBT) of ₹5,275 crore in FY 2024–25, compared to ₹4,757 crore in FY 2023–24. This is the first time Petronet LNG's PBT crossed ₹5,000 crore in a financial year. The company achieved its highest-ever overall LNG throughput of 934 trillion British thermal units (TBTU) in FY 2024–25, as against 919 TBTU in the previous fiscal. Dahej terminal processed 876 TBTU during the year, up from 865 TBTU in FY 2023–24. For the quarter ended March 31, 2025, the company reported a PBT of ₹1,446 crore and PAT of ₹1,070 crore, which were the highest ever for any fourth quarter. In the same quarter last year, PBT and PAT stood at ₹996 crore and ₹738 crore respectively. In the previous quarter (Q3 FY25), PBT was ₹1,169 crore and PAT ₹867 crore. Total LNG volume processed in Q4 FY25 stood at 205 TBTU, compared to 234 TBTU in Q4 FY24 and 228 TBTU in Q3 FY25. The Dahej terminal processed 189 TBTU in the March 2025 quarter, compared to 219 TBTU in the year-ago quarter and 213 TBTU in the preceding quarter. During the quarter, offtakers made a payment of ₹360.94 crore towards outstanding Use or Pay dues pertaining to the calendar year 2021. The company stated that the financial performance for FY 2024–25 was achieved due to efficiency in operations and higher capacity utilisation. The Board of Directors has recommended a final dividend of ₹3.00 per share.
Mint
20-05-2025
- Business
- Mint
BEL, Power Grid to DLF: 5 stocks that declared dividend along with Q4 Results
Dividend Stocks: BEL, Power Grid, DLF, Petronet LNG , and Gujarat Gas Ltd are among the 5 key stocks that declared dividend along with Q4 Results on Monday 19 May 2025 Bharat Electronics Limited: At its meeting on May 19, 2025, the company's board of directors, among other things, suggested a final dividend of 0.90/-per equity share (90%) of 1/-each fully paid-up for the fiscal year 2024–2025. At the company's upcoming annual general meeting, the shareholders of BEL must approve the same. Power Grid Corporation of India: For the fiscal year 2024–2025, a final dividend of Rs. 1.25 per equity share of Rs. 10 each (or 12.5% of the paid-up equity share capital) was recommended by Power Grid At the company's subsequent Annual General Meeting (AGM), the shareholders need to approve the dividend. Within 30 days following the date of its announcement at the AGM, the final dividend announced would be paid by Power Grid. This final dividend is in addition to the first interim dividend, which was paid on December 4, 2024, at a rate of 45% on the paid-up equity share capital, of Rs. 4.50/-per share, and the second interim dividend, which was paid on February 28, 2025, at a rate of 32.5% on the paid-up equity share capital, for the fiscal year 2024–2025. DLF Ltd- A dividend of ₹ 6/- per equity share of face value of ₹ 2/- each for FY 2024-25, or 300% considering the face value of share, has been recommended by the Board of Directors of the Company at its meeting held on May 19, 2025, subject to shareholder approval. Gujarat Gas Ltd- The Board of Gujarat Gas also recommended Dividend i.e. Rs. 5.82 per Equity Share of Rs. 2 - each to the shareholders for the Financial Year 2024 - 25, in their meeting, which will be paid subject to approval of Shareholders in the Annual General Meeting. Petronet LNG Ltd- A final dividend of Rs. 3.00 (Rupees three only) per share (on the face value of Rs. 10/-each) on the company's equity shares for the fiscal year 2024–2025 was also recommended by the Board of Directors of the company during its meeting. At the upcoming Annual General Meeting, shareholders must approve the final dividend. In due course of time, the record date and payment or dispatch date for the aforementioned suggested final dividend for the Fiscal Year 2024–2025 will be announced by Petronet LNG. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before taking any investment decisions.
Mint
19-05-2025
- Business
- Mint
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.
