Petronet LNG announced the extension of Akshay Kumar Singh’s tenure as MD & CEO till May 12, 2027. The company declared an interim dividend of Rs 7 per share and reported consolidated revenue from operations of Rs 110.09 billion and net profit of Rs 8.02 billion for the September quarter.
Key Highlights
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Akshay Kumar Singh’s MD & CEO tenure extended from February 1, 2026, to May 12, 2027
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Interim dividend of Rs 7 per share approved, reinforcing shareholder returns
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Consolidated revenue from operations at Rs 110.09 billion in Q2 FY26
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Net profit stood at Rs 8.02 billion, showcasing strong operational performance
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Continued focus on expanding LNG infrastructure and capacity utilization
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Strategic investments underway for terminal expansions and new LNG projects
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Solid financials position Petronet LNG competitively in India’s expanding energy sector
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Board meeting to review financials and dividend scheduled with insider trading window closure
Detailed Report
Petronet LNG Ltd, a leading player in India's natural gas infrastructure sector, has announced key developments reflecting stability and growth. The company’s board has approved an extension of Akshay Kumar Singh’s tenure as Managing Director & CEO until May 12, 2027, signifying confidence in his leadership.
The company declared an interim dividend of Rs 7 per share, underscoring its commitment to delivering consistent shareholder value. Financial results for Q2 FY26 showed robust growth with revenue from operations reaching Rs 110.09 billion and net profit at Rs 8.02 billion, reflecting strong demand and efficient operations.
Petronet LNG continues to invest heavily in expanding its LNG import and regasification capacity, including terminal upgrades at Dahej and Kochi. These capacity enhancements are critical to meeting India's growing energy requirements and supporting the government’s focus on cleaner fuel.
Operational excellence, strategic expansions, and strong cash flows position Petronet LNG well to capitalize on increasing LNG demand in India’s energy transition.
Sources: Petronet LNG Official, Economic Times, Moneycontrol