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Petronet LNG Q1 Results: Profit Rises 44.6%

Operating margin expanded 360 basis points on year to 11.6% in the April-June quarter.

<div class="paragraphs"><p>Petronet LNG Ltd.'s Dahej LNG terminal. (Source: Company website)</p></div>
Petronet LNG Ltd.'s Dahej LNG terminal. (Source: Company website)

Petronet LNG Ltd. reported a rise in profit for the first quarter of fiscal 2025.

The LNG distributor's net profit rose 44.6% year-on-year to Rs 1,105 crore in the quarter ended June 2024, according to an exchange filing. Operating margin expanded 360 basis points on year to 11.6%.

Petronet LNG Q1 Results: Key Highlights (Consolidated, QoQ)

  • Revenue fell 2.8% to Rs 13,415 crore.

  • Ebitda rose 41.6% to Rs 1,563 crore.

  • Margins at 11.6% versus 8%

  • Net Profit rose 44.6% to Rs 1,105 crore.