Integrated Filing — IndAS



General information about company

Scrip Code 532522
NSE Symbol PETRONET
MSEI Symbol NOTLISTED
ISIN INE347G01014
Name of company PETRONET LNG LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 12-02-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 02-02-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Natural gas business
Start date and time of board meeting 12-02-2026   14:30:00
End date and time of board meeting 12-02-2026   16:35:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
The Company has not made any default on loans. The Company has no debt securities.



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 11,16,383.00 34,05,282.00
Other income 21,583.00 69,528.00
Total income 11,37,966.00 34,74,810.00
2 Expenses
(a) Cost of materials consumed 9,53,785.00 29,37,413.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 9,284.00 21,626.00
(e) Finance costs 5,591.00 17,584.00
(f) Depreciation, depletion and amortisation expense 21,495.00 63,269.00
(f) Other Expenses
1 Other Expenses 17,577.00 53,250.00
2 Impairmant Loss (net of reversal) 15,853.00 45,410.00
Total other expenses 33,430.00 98,660.00
Total expenses 10,23,585.00 31,38,552.00
3 Total profit before exceptional items and tax 1,14,381.00 3,36,258.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 1,14,381.00 3,36,258.00
6 Tax expense
7 Current tax 31,900.00 95,600.00
8 Deferred tax (2,348.00) (9,804.00)
9 Total tax expenses 29,552.00 85,796.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 84,829.00 2,50,462.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 84,829.00 2,50,462.00
17 Other comprehensive income net of taxes (775.00) (775.00)
18 Total Comprehensive Income for the period 84,054.00 2,49,687.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 1,50,000.00 1,50,000.00
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 5.66 16.7
Diluted earnings (loss) per share from continuing operations 5.66 16.7
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 5.66 16.7
Diluted earnings (loss) per share from continuing and discontinued operations 5.66 16.7
24 Debt equity ratio 0 0
25 Debt service coverage ratio 0 0
26 Interest service coverage ratio 0 0
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. The above results have been reviewed by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on 12th February 2026. The statutory auditors of the company have carried out limited review of the aforesaid results. 2. The Company primarily operates in the business of import and processing of liquefied natural gas. Accordingly there is only one Reportable Segment i.e. Natural Gas Business . Hence no specific disclosure has been made w.r.t. operating segments. 3. Trade receivables as at 31st December 2025 include Use or Pay UoP dues amounting to Rs.1 313.89 crore gross Rs. 498.31 crore net after making a provision of Rs. 815.58 crore . These dues have arisen due to lower capacity utilisation by customers under long-term regasification agreements entered into by the Company. These UoP dues pertain to FY 2022–23 CY 2022 Rs.643.15 crore FY 2023–24 CY 2023 Rs.553.47 crore and FY 2024–25 CY 2024 Rs.117.27 crore. The Board had approved a recovery mechanism for UoP dues relating to CY 2022 and CY 2023 in accordance with agreements reached with customers. As part of this arrangement the Company has obtained bank guarantees from customers to secure the recovery of UoP dues of CY 2022 and is in process of implementing this mechanism with all customers for CY 2023. Bank guarantees pertaining to CY 2023 have been received from majority of the customers. While some customers have not provided balance confirmations for the UoP dues management remains confident of recovery as the amounts are contractually obligated. As a measure of prudence the Company has made a time-based provision of Rs. 815.58 Crore as at 31st December 2025 Rs.469.15 crore as at 31st March 2025 . Pursuant to the relevant provision under long term regasification contracts entered into by the Company with the customers income of Rs 48.96 crore towards UoP charges for CY 2025 arising out of lower capacity utilisation by a customer and being a contractual obligation has been recognised as other operating income in the Statement of Profit and Loss during the quarter and nine months ended 31st December 2025. 4. As per the terms of the Settlement Agreement under the recovery mechanism for Use or Pay UoP dues of CY 2022 and CY 2023 some of the customers have brought LNG quantities upto 31st December 2025 for which revenue has been recognised at the prevailing Regasification Rate. Correspondingly the Company has waived off UoP dues amounting to Rs 78.79 Crore and Rs.107.67 Crore for the quarter and nine months ended 31st December 2025 respectively by charging it to the Statement of Profit and Loss. 5. The Government of India notified four Labour Codes namely - The Code on Wages 2019 The Industrial Relations Code 2020 The Code on Social Security 2020 and The Occupational Safety Health and Working Conditions Code 2020 collectively referred to as the New Labour Codes consolidating 29 existing labour laws. The New Labour Codes have been made effective from November 21 2025. The Ministry of Labour & Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in regulations arising from these regulatory changes. Accordingly the Company has recognised an estimated incremental impact of Rs.25.44 Crore on account of past service cost under Employees Benefit Expense in the Statement of Profit and Loss during the quarter and nine months ended 31st December 2025 considering best information available. The Company continues to monitor the finalisation of Central and State Rules and clarifications from the Government on the New Labour Codes. Based on same the Company will evaluate impact if any on the measurement of Employee Benefit Expenses and would provide appropriate accounting treatment. 6. Previous year / period figures have been regrouped and rearranged to make them comparable with current period figures.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement Gain/ (Loss) on defined benefit plans (1,036.00) (1,036.00)
Total Amount of items that will not be reclassified to profit and loss (1,036.00) (1,036.00)
2 Income tax relating to items that will not be reclassified to profit or loss (261.00) (261.00)
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income (775.00) (775.00)