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Indian Administration

Petronet LNG has reduced its debt while increasing its reserves. -Awardee

Petronet LNG has reduced its debt while increasing its reserves. -Awardee

Saurav Mitra, who serves as the Director (Finance) and Chief Financial Officer at Petronet LNG Ltd., has been honored with the title of “Best CFO of India – Oil & Gas (Mid Cap Category)” for the year 2026. This prestigious recognition reflects his exceptional leadership in finance and his significant contributions to the company’s governance and value enhancement.

The criteria for Mitra’s accolade include several key improvements under his financial stewardship: – Petronet LNG has seen a reduction in its debt levels while simultaneously increasing its reserves, leading to a more robust balance sheet. – The company has achieved better management of receivables, evidenced by shorter debtor days and improved working capital cycles, which in turn have bolstered cash flow and operational efficiency. – There has also been a noticeable rise in the company’s cash reserves, enhancing its liquidity and enabling greater financial agility.

This award serves not only as a testament to Mitra’s strategic foresight and adept management but also underscores his crucial role in propelling the growth and scalability of the organization.

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पेट्रोनेट एलएनजी: कर्ज घटा, भंडार बढ़ा