New Delhi: Petronet LNG Limited (PLL), India’s largest liquefied natural gas (LNG) importer, reported a 5 percent decline in consolidated net profit for the second quarter (July–September) of FY 2025–26, primarily due to reduced gas processing volumes.
According to the company’s filing with the stock exchanges, Petronet posted a net profit of ₹805.75 crore in Q2 FY26, compared to ₹847.62 crore in the same period last year.
Lower LNG Volumes at Dahej and Kochi Terminals
The company’s flagship Dahej LNG terminal in Gujarat processed 211 trillion British thermal units (TBTU) of LNG during the quarter, compared with 225 TBTU in the corresponding quarter of the previous fiscal.
The overall LNG volume processed by Petronet during the July–September 2025 period was 228 TBTU, down from 239 TBTU a year earlier. The decline was attributed to subdued demand from industrial consumers and fluctuating global LNG prices.
H1 FY26 Performance and Interim Dividend
During the first half of the current fiscal year (April–September 2025), the Dahej terminal processed 418 TBTU of LNG compared to 473 TBTU during the same period last year.
The overall LNG volume processed by the company in H1 FY26 stood at 449 TBTU, against 501 TBTU in H1 FY25.
As a result, net profit for H1 FY26 declined to ₹1,656 crore, compared to ₹1,989 crore a year ago.
Despite the decline in profit, Petronet LNG’s Board of Directors approved an interim dividend of ₹7 per share, reflecting the company’s continued commitment to shareholder value.
Future Outlook
Petronet LNG remains focused on strengthening its supply chain infrastructure and expanding its regasification capacity to meet India’s growing natural gas demand. The company is also evaluating new opportunities in LNG bunkering, small-scale LNG distribution, and green energy integration to enhance its long-term sustainability.
About Petronet LNG Limited (PLL)
Petronet LNG Limited is a leading public sector undertaking (PSU) promoted by Bharat Petroleum Corporation Limited (BPCL), Indian Oil Corporation Limited (IOCL), GAIL (India) Limited, and Oil and Natural Gas Corporation Limited (ONGC). Established in 1998, the company operates India’s largest LNG import and regasification terminal at Dahej, Gujarat, and another at Kochi, Kerala. Petronet plays a critical role in ensuring India’s energy security by facilitating the import, storage, and distribution of LNG to industrial, commercial, and city gas sectors across the country.
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