Press Release - Q3 2021-22 Financial Results
10-Feb-2022

Press Release

9th February, 2022

Petronet LNG Ltd

  • Highest ever PBT and PAT of Rs 1,533 Cr and Rs 1,144 Cr respectively in the current quarter Q3, FY 2021-22.
  • Highest ever PBT and PAT of Rs 3,489 Cr and Rs 2,602 Cr respectively in the current 9 months ended 31st December, 2021.
  • Growth in PBT of the current quarter Q3, FY 2021-22, over the previous and corresponding quarters by 39% and 31% respectively.
  • Growth in PAT of the current quarter Q3, FY 2021-22, over the previous and corresponding quarters by 39% and 30% respectively.

During the quarter ended 31st December, 2021 (current quarter), Dahej terminal processed 196 TBTU of LNG as against 225 TBTU processed during the previous quarter ended 30th September, 2021 and 222 TBTU processed during the corresponding quarter ended 31st December, 2020. The overall LNG volume processed by the Company in the current quarter was 208 TBTU, as against the LNG volume processed in the previous and corresponding quarters, which stood at 240 TBTU and 235 TBTU respectively.

The Company achieved a throughput of 657 TBTU in the 9 months ended 31st December, 2021 (current 9 months), as against the throughput of 679 TBTU in the 9 months ended 31st December, 2020 (corresponding 9 months).

The Company has reported highest ever PBT of Rs 1,533 Crore in the current quarter, as against Rs 1,105 Crore in the previous quarter and Rs 1,172 Crore in the corresponding quarter. The highest ever PAT of the current quarter was reported at Rs 1,144 Crore as against the PAT of the previous and corresponding quarters of Rs 823 Crore and Rs 878 Crore respectively.

The Company has reported highest ever PBT of Rs 3,489 Crore in current 9 months as against PBT of Rs 3,112 Crore in the corresponding 9 months. The highest ever PAT of the current 9 months was Rs 2,602 Crore as against PAT of Rs 2,326 Crore in the corresponding 9 months.

In spite of the challenges of the COVID-19 pandemic and high spot prices, the Company was able to achieve robust results owing to efficient commercial management.



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