News ArticlePetronet LNG Reports Rs. 1,235.40 Crore Q2 Profit and Declares Rs. 7 Interim Dividend for FY 2026-27
Company publishes unaudited results for quarter ended 30 September 2026 with Board approval of interim dividend; record and payment dates pending
Petronet LNG Limited announced unaudited financial results for Q2 and half-year ended 30 September 2026, reporting a profit after tax of Rs. 1,235.40 crore for the quarter. The company declared an interim dividend of Rs. 7 per equity share for the financial year 2026-27, with record and payment dates to be announced later. The results include trade receivables related to Use or Pay dues and claims from LNG vessel owners under arbitration.
Petronet LNG Limited
Financial Results
Petronet LNG Limited announced an unaudited profit after tax of Rs. 1,235.40 crore for the quarter ended 30 September 2026 and declared an interim dividend of Rs. 7 per equity share for FY 2026-27.
The company reported revenue from operations of Rs. 7,200.35 crore in Q2 2026 and total income of Rs. 7,432.44 crore, with total expenses at Rs. 5,773.34 crore.
Profit before tax for the quarter stood at Rs. 1,659.10 crore. Tax expenses totaled Rs. 423.70 crore, resulting in a net profit after tax of Rs. 1,235.40 crore.
The Board approved the interim dividend on equity shares with a face value of Rs. 10 each, while the record and payment dates will be announced subsequently.
The unaudited results included a provision for impairment losses against Use or Pay (UoP) dues amounting to Rs. 230.72 crore, with management confident in recovery based on contractual arrangements.
There are ongoing arbitration proceedings related to claims of Rs. 625.42 crore plus taxes from owners of dedicated LNG vessels due to suspended operations, with no provision recognized for these claims as per contractual assessment.
Highlights
- Q2 2026 revenue from operations: Rs. 7,200.35 crore
- Profit before tax for Q2 2026: Rs. 1,659.10 crore
- Profit after tax for Q2 2026: Rs. 1,235.40 crore
- Interim dividend declared: Rs. 7 per equity share of Rs. 10 face value
- Provision for impairment loss on UoP dues: Rs. 230.72 crore
- Ongoing arbitration over Rs. 625.42 crore claims from LNG vessel owners
Key Data Snapshot
What happened
- Petronet LNG announced its unaudited standalone financial results for the quarter and half-year ended 30 September 2026.
- The company declared an interim dividend of Rs. 7 per equity share for the financial year 2026-27.
- Record and payment dates for the dividend are to be intimated later.
Financial performance
- Revenue from operations for Q2 2026 was Rs. 7,200.35 crore, with total income of Rs. 7,432.44 crore.
- Total expenses for the quarter amounted to Rs. 5,773.34 crore, resulting in a profit before tax of Rs. 1,659.10 crore.
- Tax expenses totaled Rs. 423.70 crore, leading to a net profit after tax of Rs. 1,235.40 crore for Q2 2026.
Risks and conditions
- There is a significant trade receivable balance related to Use or Pay dues amounting to Rs. 408.23 crore gross, with a provision of Rs. 230.72 crore.
- Management expressed confidence in recovery of these dues based on contractual arrangements and recovery mechanisms.
- Claims aggregating to Rs. 625.42 crore plus taxes have been made by LNG vessel owners for suspension of vessel operations; these claims are under arbitration and no provision has been recognized as claims are considered not tenable under the contracts.
Regulatory and governance context
- The unaudited financial results have been reviewed by the company’s independent auditors with a limited review report dated 2 November 2026.
- The Board of Directors approved the results and dividend declaration at its meeting held on 2 November 2026.
- No material audit qualifications were reported for this financial period.
Highlights
- Q2 2026 revenue from operations: Rs. 7,200.35 crore
- Profit before tax for Q2 2026: Rs. 1,659.10 crore
- Profit after tax for Q2 2026: Rs. 1,235.40 crore
- Interim dividend declared: Rs. 7 per equity share of Rs. 10 face value
- Provision for impairment loss on UoP dues: Rs. 230.72 crore
- Ongoing arbitration over Rs. 625.42 crore claims from LNG vessel owners
Disclosures
- SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated 31 December 2024
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
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