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 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 12-08-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 03-08-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter First 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
Segment Reporting Single segment
Description of single segment Natural Gas Business
Start date and time of board meeting 12-08-2026   17:00:00
End date and time of board meeting 12-08-2026   19:30:00
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 defaulted in loans and debt securities servicing/ repayments.



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 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 5,55,414.00 5,55,414.00
Other income 23,448.00 23,448.00
Total income 5,78,862.00 5,78,862.00
2 Expenses
(a) Cost of materials consumed 3,69,929.00 3,69,929.00
(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 6,706.00 6,706.00
(e) Finance costs 5,065.00 5,065.00
(f) Depreciation, depletion and amortisation expense 20,123.00 20,123.00
(f) Other Expenses
1 Impairment Loss / (Reversal) - Net (Refer Note 3 ) 10,086.00 10,086.00
2 Other expenses 15,510.00 15,510.00
Total other expenses 25,596.00 25,596.00
Total expenses 4,27,419.00 4,27,419.00
3 Total profit before exceptional items and tax 1,51,443.00 1,51,443.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 1,51,443.00 1,51,443.00
6 Tax expense
7 Current tax 42,700.00 42,700.00
8 Deferred tax (4,529.00) (4,529.00)
9 Total tax expenses 38,171.00 38,171.00
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 1,13,272.00 1,13,272.00
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 1,13,272.00 1,13,272.00
17 Other comprehensive income net of taxes 0.00 0.00
18 Total Comprehensive Income for the period 1,13,272.00 1,13,272.00
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 7.55 7.55
Diluted earnings (loss) per share from continuing operations 7.55 7.55
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 7.55 7.55
Diluted earnings (loss) per share from continuing and discontinued operations 7.55 7.55
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
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 August 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 30th June 2026 include ‘Use or Pay’ (UoP) dues amounting to Rs. 661.03 crore (gross) (Rs. 312.17 crore (net) after making a provision of Rs. 348.86 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. 13.11 crore, FY 2023–24 (CY 2023): Rs.481.69 crore, FY 2024–25 (CY 2024): Rs.117.27 crore and FY 2025–26 (CY 2025): Rs. 48.96 Crore. The Board had approved a recovery mechanism for UoP dues relating to CY 2023, in accordance with agreements reached with customers. Bank guarantees pertaining to CY 2023 have been received from majority of the customers.�The Board at its meeting held on 9th April 2026, approved a recovery mechanism for UoP dues pertaining to CY 2024. The Company is in the process of implementing this mechanism. As per the terms of the Settlement Agreement under the recovery mechanism for Use or Pay (UoP) dues of CY 2023, some of the customers have brought LNG quantities upto 30th�June 2026, for which revenue has been recognised at the prevailing Regasification Rate. Correspondingly, the Company has waived off UoP dues amounting to Rs. 58.81 Crore during the current quarter by charging it to the Statement of Profit and Loss. The Company continues to engage with the Customers for the recovery of UoP dues. 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. 348.86 Crore as at 30th�June 2026 (Rs.306.82 crore as at 31st March 2026). 4. The Company has a long-term Sale and Purchase Agreement (SPA) with QatarEnergy LNG S (2) (QE) for the supply of 7.50 MMTPA of LNG on an FOB basis from Qatar. The Company also has corresponding long-term Gas Sale and Purchase Agreements (GSPAs) with its customers in India. Armed conflict and related hostilities in the Middle East region commenced on 28 February 2026, resulting in significant disruption to maritime navigation through the Strait of Hormuz and LNG loading operations in the region. The Force Majeure (FM) conditions, which commenced in March 2026, continued during the quarter ended 30 June 2026. Consequently, no LNG cargo was loaded under the SPA during the current quarter. One LNG cargo which was stranded in the Persian Gulf as at 31 March 2026 was subsequently delivered at the Company's Dahej Terminal on 19 June 2026. Accordingly, the stock-in-transit recognised as at 31 March 2026 stood realised upon receipt of the cargo. For transportation of LNG to India, the Company has engaged three dedicated LNG vessels under long-term Time Charter Agreements. The operation of all three vessels remained totally suspended since 2nd March 2026 except for one vessel which was used for approximately seven days during this quarter. The aggregate claim by the owners of the vessels and other associated costs stands at Rs 348.13 Crore as on 30th June 2026. (Rs 89.30 Crore as on 31st March 2026). Based on legal advice, the Company is of the view that such claims are not tenable under the relevant provisions of the respective Time Charter Agreements. Accordingly, no provision has been recognised in respect of these claims. The owners of the vessels have initiated arbitration proceedings to enforce their claims. The ultimate outcome of the arbitration proceedings and the resulting financial impact, if any, cannot presently be determined. 5. 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 01-04-2026 01-04-2026
Date of end of reporting period 30-06-2026 30-06-2026
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 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
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
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss
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