**Petronet LNG Reports Significant Profit Surge in Q4**
Petronet LNG has announced a remarkable 45.4% increase in its consolidated net profit for the quarter ending in March, reaching ₹1,067.58 crore. This surge is attributed to enhanced operational efficiency and improved capacity utilization. In the same quarter last year, the company’s profit after tax was ₹734.07 crore, highlighting a substantial year-on-year growth.
Despite a 10.28% decline in total income, which fell to ₹12,513.15 crore from ₹13,946.80 crore in the previous quarter, Petronet LNG managed to boost its profits due to reduced expenses. The joint venture, which includes GAIL Ltd, Bharat Petroleum Corp. Ltd, Indian Oil Corp. Ltd, and ONGC, reported a 14.5% decrease in expenses, totaling ₹11,070.04 crore. Notably, the cost of materials consumed, primarily liquefied natural gas (LNG), decreased to ₹10,831.61 crore compared to ₹12,438.47 crore a year earlier.
During this quarter, some gas buyers settled outstanding dues amounting to ₹360.94 crore from 2021, contributing positively to Petronet’s income and profits. The Dahej terminal processed 189 trillion British thermal units (tbtu) of LNG during the quarter, down from 219 tbtu a year prior and 213 tbtu in the previous quarter. Overall, the company processed 205 tbtu of LNG from January to March, compared to 234 tbtu in the same quarter of the previous fiscal year.
For the financial year 2024-25 (FY25), Petronet LNG’s net profit rose by 10.11% to ₹3,883.92 crore, up from ₹3,527.02 crore in the previous fiscal year. The Dahej terminal processed a total LNG volume of 876 tbtu, slightly up from 865 tbtu in FY24, with the overall LNG volume reaching a record high of 934 tbtu in FY25, compared to 919 tbtu in the previous year.
In light of this strong performance, Petronet LNG’s Board of Directors has recommended a final dividend of ₹3 per share. The company’s shares closed at ₹320.75 on the BSE, reflecting a slight increase of 0.03%.
**FAQ**
**What factors contributed to Petronet LNG’s profit increase in Q4?**
Petronet LNG’s profit increase was driven by operational efficiency, higher capacity utilization, and reduced expenses, despite a decline in total income.
