Petronet LNGon Monday reported a 9.1% quarter-on-quarter increase in net profit to ₹1,235.4 crore for the second quarter of FY27, up from ₹1,137 crore in the previous quarter. The company announced its results after market hours.
Revenue from operations rose 29.6% sequentially to ₹7,200 crore from ₹5,554 crore in the preceding quarter.
Earnings before interest, taxes, depreciation and amortisation (EBITDA) increased 8.6% to ₹1,663 crore, compared with ₹1,532 crore in the previous quarter. EBITDA margin, however, narrowed to 23% from 28%.
The company’s board also declared an interim dividend of ₹7 per equity share, with a face value of ₹10, for FY27.
Petronet LNG shares closed 3.96% higher at ₹300.95 on Monday, gaining ₹11.45 ahead of the results announcement.
Also Read: PSP Projects shares jump nearly 8% on strong Q2 numbers; profit rises 89%