305.0500 -0.55 (-0.18%)
NSE Jul 10, 2025 15:49 PM
Volume: 3.2M
 

305.05
-0.18%
Motilal Oswal
30 October 2019 PLNGs sales were in line with our estimate at INR93.6b in 2QFY20, while EBITDA of INR11.6b (+31% YoY) exceeded our estimate of INR10.2b. Total expenditure was lower on account of limited maintenance and repairs cost in the monsoon quarter. PBT was in line with our estimate at INR8.9b (+2% YoY). The company re-measured DTL of INR4.5b in accordance with the new tax rate of 25.17%, resulting in reported PAT of INR11b (v/s INR5.6b in 2QFY19 and INR5.6b in 1QFY20). PLNG incurred an exceptional expense of INR721m in the quarter on account of one-time settlement expense of lease rental to Kochi Port Terminal (CPT) to secure against future escalation in lease rent at Kochi terminal and also to settle ongoing litigations with CPT.
Petronet LNG Ltd. has an average target of 334.83 from 6 brokers.
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