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Earnings Call Transcript

Petronet LNG Earnings Call Transcript: Key Takeaways

Best-ever Q2 and H1 PBT/PAT, but profit is flattered by ₹658 Cr operational/commercial efficiency gains while volume grew only 1% YoY.

Highlights
Revenue growthVolume +1% YoY, +12% QoQ; revenue boosted by ₹658 Cr efficiency gains.
MarginsEfficiency gains ₹658 Cr vs ₹494 Cr Q1, ₹41 Cr year-ago Q2.
Demand visibilityIndia gas demand resilient; CGD, fertiliser, power driving growth; October steady.
Management confidenceConfident; evasive on tariff, efficiency breakdown, and October trends.

Growth

PAT ₹1,235 Cr (+53% YoY, +9% QoQ); volume only +1% YoY. ₹658 Cr efficiency gains flatter profit.

Outlook

H2 FY27 capex to rise, no figure given; FY28 capex "same level"; ₹7/share interim dividend approved.

Risks

Qatar force majeure cut volumes (6 of 28 cargoes); ₹625 Cr disputed charter claims; undisclosed tariff/efficiency split.

Source

Earnings Call Transcript filed with BSE, NSE: PETRONET. Summary written with AI assistance from the document.

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Petronet LNG Ltd: key numbers

Share price
₹333.10
Market cap
₹49,965 Cr
Revenue (annual)
₹43,495 Cr
Net profit (annual)
₹3,913 Cr
P/E (TTM)
10.8×Sector 17.5×
Promoter holding
50.00%+0.00% QoQ
FII holding
25.97%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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