Petronet LNG Q2 Results: Profit Rises 1.7%, Margin Contracts

Petronet LNG reported revenue of Rs 13,024.29 crore in Q2, alongside a slight rise in profit, as its margin narrowed compared to the previous quarter.

Mihika Barve

24 Oct 2024, 04:47 PM IST 24 Oct 2024, 04:47 PM IST

Petronet LNG recorded a marginal 1.7% increase in profit during the second quarter, with revenue falling and the margin narrowing to 9.2% for the period ending September 2025. (Photo source: Company website)

Petronet LNG Ltd. reported a marginal rise in profit for the second quarter of the financial year-ended March 2025.

The LNG distributor's net profit rose 1.7% quarter-on-quarter to Rs 870.61 crore in the quarter ended September, according to an exchange filing.

Petronet LNG Q2 Results Key Highlights (Consolidated, QoQ)

Revenue down 2.9% to Rs 13,024.29 crore versus Rs 13,415.13 crore.
Ebitda down 23% to Rs 1,202.28 crore versus Rs 1,562.50 crore.
Margin at 9.2% versus 11.6%.
Net profit down 21% to Rs 870.61 crore versus Rs 1,105.47 crore.

(This is a developing story).

Also Read: CNG Prices Could Get Hiked By Rs 5 — Here's Why

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Mihika Barve is an NISM Certified Research Analyst at NDTV Profit. She is a... more

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