305.6000 0.45 (0.15%)
NSE Jul 09, 2025 15:31 PM
Volume: 3.1M
 

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Petronet LNG Ltd.
30 Oct 2019
305.60
0.15%
Sharekhan
Petronet LNG (PLNG) reported a strong set of numbers in Q2FY2020 with adjusted operating profit at Rs. 1,046 crore (up 16.2% y-o-y; up 13.9% q-o-q) and adjusted PAT stood at Rs. 818 crore (up 42.5% y-o-y; up 37.6% q-o-q), above our estimates of Rs. 726 crore. The strong performance was driven by sharp jump in Dahej re-gas volumes to 240 tBtu (up 13.7% y-o-y; up 10.6% q-o-q). The Kochi terminal's utilisation rate also improved to 15.7% from 14.1% in Q1FY2020. PLNG's strong volume led earnings visibility (we expect a 16%...
Petronet LNG Ltd. has an average target of 334.83 from 6 brokers.
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