Petronet LNG Shines with Stellar FY 2024-25 Financial Results

New Delhi, May 19, 2025: Petronet LNG Limited, India’s leading liquefied natural gas (LNG) company, has announced outstanding financial results for the fiscal year 2024-25. Adding to the cheer, the company has recommended a final dividend of ₹3 per share, subject to shareholder approval at the upcoming Annual General Meeting. Financial Triumph: Standalone and Consolidated Performance Petronet LNG recorded impressive growth for the quarter and fiscal year ended March 31, 2025. The Board of Directors, in its meeting on May 19, 2025, approved the following results: • Standalone Results: ◦ Total income for FY 2024-25: ₹51,794.89 crore ◦ Profit after tax: ₹3,926.37 crore ◦ Earnings per share: ₹26.18 ◦ Profit after tax for Q4 FY25: ₹1,070.18 crore • Consolidated Results: ◦ Total income for FY 2024-25: ₹51,755.00 crore ◦ Profit after tax, including joint ventures: ₹3,972.68 crore ◦ Earnings per share: ₹26.48 ◦ Profit after tax for Q4 FY25: ₹1,094.90 crore • Dividend Announcement: ◦ Final dividend of ₹3 per share (on ₹10 face value) ◦ Record date and payment date to be announced soon Transparent Audit Process The company’s statutory auditors, V. Sankar Aiyar & Co., issued a clean report on both standalone and consolidated financial results. Chief Financial Officer Saurav Mitra confirmed the audit process was fully transparent. • Key Audit Highlights: ◦ Trade receivables as of March 31, 2025, include ₹1,421.56 crore in ‘Use or Pay’ (UoP) dues ◦ Provision of ₹469.15 crore made, reflecting prudent financial management ◦ Recovery of ₹360.94 crore for UoP dues from 2021 and 2022 under an approved mechanism ◦ Recovery process for 2023 UoP dues is underway Operational Excellence Petronet LNG leads in LNG import and processing, operating state-of-the-art terminals at Dahej and Kochi. The company’s net worth stood at ₹19,382.38 crore (standalone) and ₹19,877.53 crore (consolidated) as of March 31, 2025. Investor Cheer Petronet LNG’s robust performance and dividend announcement are uplifting for investors. The company reported no outstanding loans or defaults, underscoring its strong financial health. Petronet LNG’s remarkable achievements highlight its strategic vision and operational efficiency, cementing its position as a trusted leader in the energy sector.