Petronet LNG Ltd, India’s leading liquefied natural gas importer, has wrapped up the March 2025 quarter with a robust financial performance and a fresh dividend reward for shareholders. The company’s Board has recommended a final dividend of ₹3 per share, continuing its consistent track record of rewarding investors.
Key Highlights:
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Dividend Announcement: The Board has proposed a final dividend of ₹3 per equity share for FY24, with the record date set for July 12, 2024. This follows a series of healthy payouts, including an interim dividend of ₹7 per share earlier in the fiscal year, reflecting Petronet LNG’s strong cash flows and commitment to shareholder value.
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Impressive Revenue: For the March 2025 quarter, consolidated revenue from operations stood at ₹123.16 billion, underscoring the company’s dominant position in the Indian LNG market and its ability to maintain growth momentum despite global energy price volatility.
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Profit Surge: Consolidated profit after tax (PAT) for the quarter reached ₹10.68 billion, highlighting efficient cost management and sustained demand for LNG in India’s industrial and power sectors.
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Market Standing: Petronet LNG’s steady dividend yield and resilient financials have kept it in favor with investors, with the company maintaining a strong balance sheet and operational excellence.
Strategic Outlook: Management remains focused on capacity expansion, supply chain optimization, and exploring new LNG opportunities to drive future growth.
Petronet LNG’s latest results and dividend declaration reinforce its leadership in India’s energy sector and its ongoing commitment to rewarding shareholders.
Source: BlinkX, Moneycontrol, INDmoney, Capital Market News