Mumbai: Petronet LNG Limited reported a robust 25% year-on-year rise in standalone net profit for the fourth quarter of FY26, reaching ₹1,338 crore compared to ₹1,070 crore in the same period last year.
However, the company’s revenue from operations declined by 23% to ₹9,442 crore in Q4 FY26, down from ₹12,316 crore in Q4 FY25. Profit before tax stood at ₹1,795 crore, marking a 24% increase, while earnings per share (EPS) rose to ₹8.92 from ₹7.13 a year earlier.
Full-Year FY26 Performance Remains Stable
For the full financial year FY26, Petronet LNG reported a net profit of ₹3,843 crore, slightly down by 2% from ₹3,926 crore in FY25. Annual revenue from operations also declined by 15% to ₹43,495 crore.
Despite the dip in revenue, the company maintained stable profitability, reflecting operational efficiency and strong cost management.
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₹3 Per Share Final Dividend Declared
The Board of Directors has recommended a final dividend of ₹3 per equity share (30% of face value ₹10) for FY26. The dividend is subject to approval by shareholders at the upcoming Annual General Meeting (AGM). The record date for the dividend will be announced later.
Balance Sheet Remains Strong
Petronet LNG continues to maintain a solid financial position:
- Total Assets: ₹26,875 crore
- Total Equity / Net Worth: ₹21,720 crore (up from ₹19,382 crore)
- Cash & Bank Balance: ₹10,111 crore
The company’s strong cash reserves and stable equity base underline its financial resilience.
Key Operational Developments
Use or Pay (UoP) Dues Recovery
The company reported ₹720 crore in gross UoP receivables, with ₹413 crore net after provisions. It has already recovered ₹630 crore from CY 2022 dues and remains confident about recovering pending amounts for subsequent years.
Middle East Conflict Impacts Logistics
Geopolitical tensions in the Middle East, particularly disruptions in the Strait of Hormuz, impacted LNG shipments. The company issued Force Majeure notices to stakeholders.
One LNG cargo worth ₹259 crore remains stranded, while vessel owners have raised claims of ₹89 crore, which the company has disputed based on legal advice.
Labour Codes Increase Costs
Following the implementation of new labour codes in November 2025, the company recognized an additional employee-related expense of ₹25.44 crore.
Core Business and Strategic Focus
Petronet LNG operates primarily in a single segment—import and processing of liquefied natural gas (LNG). The company continues to focus on ensuring supply stability while navigating global challenges and optimizing operational efficiency.
It also operates through subsidiaries such as Petronet Energy Limited and Petronet LNG Singapore, along with joint ventures including Adani Petronet (Dahej) Port Limited.
About Petronet LNG Limited
Petronet LNG Limited is a leading public sector undertaking (PSU) in India’s energy sector, focused on import, regasification, and distribution of liquefied natural gas (LNG). The company is committed to sustainable energy practices, innovation, and operational excellence, making it a key player in India’s energy transition.
Read also: Petronet LNG Appoints Deepak Gupta as Nominee Director to Strengthen LNG and Clean Energy Leadership
