State-run Petronet LNG just released their financial report for the fourth quarter of FY25, and things are looking pretty good for them. Their consolidated net profit saw a 43% year-on-year growth, reaching around ₹1,095 crore. This increase was mainly attributed to improved efficiency in operations and higher capacity utilization. In fact, their net profit was also up by 21% compared to the previous quarter. The company’s total income for the quarter stood at around ₹12,513 crore, slightly higher than the previous quarter but lower than the same quarter last year.
Efficiency seems to be the name of the game for Petronet LNG as their total expenses decreased to ₹11,070 crore in Q4FY25. This was a significant improvement from the expenses in the previous quarters. The cost of materials consumed also saw a decline, falling by 13% year-on-year. The company’s Dahej terminal processed 189 trillion British thermal units (tBtu) of LNG during the quarter, a slight decrease from the previous year but still a strong performance.
Despite the challenges faced in the market, Petronet LNG has managed to maintain a strong financial position and deliver positive results. The company’s commitment to efficiency and capacity utilization has paid off, reflected in their impressive financial performance. With a final dividend of ₹3 per share recommended by the Board of Directors, shareholders have something to look forward to. It’s not every day that you see such a strong showing in the LNG industry, so kudos to Petronet LNG for a job well done!