Asha Bhosle32 min ago
Petronet LNG Q4 FY25 Results: PAT jumps 23% sequentially, beats Street estimates; revenue up 1%
Written By ZeeBiz WebTeam
Published: | Updated:
Petronet LNG Q4 FY25 Results: Petronet LNG, which has IOCL, BPCL, GAIL and ONGC as its promoters, has registered a strong set of results for the quarter ended March 31, with a more than 23 per cent quarter-on-quarter increase in its net profit. Read on to learn about the energy giant's latest earnings report in detail.
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Petronet LNG is promoted by BPCL, GAIL, IOCL and ONGC. | Representational image
Petronet LNG Q4 FY25 Earnings: New Delhi-headquartered Petronet LNG on Monday registered a consolidated net profit of Rs 1,067 crore for the quarter ended March 31, marking an increase of 23.1 per cent compared with the previous three months that was better than analysts' expectations. Its revenue grew 0.7 per cent sequentially to Rs 12,316 crore for the fourth quarter of the last financial year, according to a regulatory filing.
According to Zee Business research, Petronet LNG was estimaed to report a March-quarter net profit of Rs 777 crore with revenue of Rs 12,769 crore.
Engaged in the sale of regasified liquefied natural gas (RLNG), Petronet LNG mainly operates in the import and processing of LNG.
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State-run oil marketing companies (OMCs) BPCL and IOCL, and state-run gas giants ONGC and GAIL are promoters of Petronet LNG.
Earlier on Monday, Petronet LNG shares ended flat at Rs 320.8 apiece on BSE.
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