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28-Jan-2025

Petronet LNG

OP down 27%


'Net sales (including other operating income) of Petronet LNG has declined 17.09% to Rs 12226.86 crore.  Operating profit margin has declined from 11.56% to 10.20%, leading to 26.88% decline in operating profit to Rs 1,247.03 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 85.56% to 86.39%.   Employee cost increased from 0.34% to 0.52%.   Other expenses rose from 2.53% to 2.89%.  

During the quarter ended 31st December, 2024 (current quarter), Dahej terminal processed 213 TBTU of LNG as against 218 TBTU during the corresponding quarter ended 31st December, 2023 and 225 TBTU during the previous quarter ended 30th September, 2024. The overall LNG volume processed by the company in the current quarter was 228 TBTU, as against the LNG volume processed in the corresponding and previo...



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