PETRONET · Oil Gas & Consumable Fuels
Petronet LNG Ltd. reported revenue of ₹14,747 cr for October to December 2023, — on the year and +17.7% on the quarter.
Operating profit (EBITDA) was ₹1,705 cr, a margin of 11.6%, — on the year and +187 bps on the quarter.
Net profit was ₹1,213 cr, — on the year and +41.7% on the quarter, with earnings per share of ₹8.09.
Refining and marketing profits swing with crude and product margins, and inventory gains or losses can move a single quarter sharply. The quarterly statements do not carry refining margins, throughput and inventory gains or losses; those come with the filing read.
Written from the quarterly statements. The filing read adds the balance sheet and cash flow, the auditor's review, segment results, one-off items line by line and what management said on the call.
No check fired. That is a statement about the checks below, not a verdict on the company.
Could not run on this quarter: Headline vs core profit, Exceptional items that recur, Operating margin on the year, Depreciation falling, Finance cost rising, Swing to loss or profit, Cash behind the profit, Receivables against sales, Inventory against sales, Borrowing while holding cash, Auditor's review or audit report, IPO money used as stated, Related-party transactions, Exits, postponements, restatements, Promoter pledges and allotments, Earlier promises against delivery, When the results were filed. Most need the filing read (balance sheet, cash flow, auditor, disclosures).
| Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹14,747 cr | ₹13,793 cr | ₹13,415 cr | ₹13,024 cr | ₹12,227 cr | ₹12,316 cr | ₹11,880 cr | ₹11,009 cr | ₹11,164 cr | ₹9,442 cr | ₹5,558 cr | ₹7,202 cr |
| YoY | — | — | +15% | +4% | −17% | −11% | −11% | −15% | −9% | −23% | −53% | −35% |
| EBITDA margin | 11.6% | 8.0% | 11.6% | 9.2% | 10.2% | 12.3% | 9.8% | 10.1% | 10.7% | 19.7% | 27.6% | 23.1% |
| Other income, % of PBT | 10% | 16% | 12% | 18% | 17% | 14% | 20% | 22% | 19% | 11% | 14% | 14% |
| Exceptional items | — | — | — | — | — | — | — | — | — | — | — | — |
| Tax rate | 25% | 26% | 26% | 26% | 26% | 26% | 26% | 26% | 26% | 25% | 26% | 26% |
| Net profit | ₹1,213 cr | ₹764 cr | ₹1,105 cr | ₹871 cr | ₹902 cr | ₹1,095 cr | ₹842 cr | ₹830 cr | ₹870 cr | ₹1,371 cr | ₹1,137 cr | ₹1,256 cr |
| YoY | — | — | +35% | +2% | −26% | +43% | −24% | −5% | −4% | +25% | +35% | +51% |
| Core profit YoY | — | — | +42% | −1% | −32% | +49% | −31% | −10% | −5% | +28% | +44% | +69% |
| EPS | ₹8.09 | ₹5.10 | ₹7.37 | ₹5.80 | ₹6.01 | ₹7.30 | ₹5.61 | ₹5.54 | ₹5.80 | ₹9.14 | ₹7.58 | ₹8.38 |
| Flags | · | · | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | 1 |
Each quarter is read with the same rules. Balance-sheet and cash checks run on half-year and annual quarters; filing-read checks run where a read exists.
Petronet LNG Ltd. reported revenue of ₹14,747 cr (— on the year) and net profit of ₹1,213 cr (— on the year) for October to December 2023.
None of the 2 checks that could run raised a question.
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