Petronet LNG

“However, we expect an uptick in the capex during the second half because we have been able to place all the major orders and the project progress is on schedule.”

“So definitely, we plan to achieve the target capex, but there are several factors.”

“'28 should be at the same level. And from '29 onwards, the gradual trough phase will start.”

“And the financial progress will be definitely much, much better than what we have achieved in the first half of this financial year.”

“So we are very hopeful that tie-ups can be done very quickly once the current environment is normalized.”

“So that will automatically increase our gas sale and purchase volumes.”

“In fact, GAIL is still saying December, but as a company, we are being slightly conservative, and we believe within this financial year, it should get connected to the national grid.”

“So we believe that Indian demand is resilient.”

“In the first 9 months of this calendar year, which is 2026, India imported 20.15 million tons.”

“In fact, CGD is probably the top consuming sector in India, very closely followed by fertilizer sector.”

“We are not seeing any major decline in demand till October.”

“So I think refinery, petchem, city gas, these sectors, if the prices soften, could further drive up the demand.”

“In very short form, the efficiencies are always there. The best place to monetize it is when the prices are high.”

“We never take exposure of volume or price. We never procure any cargo without tying it up downstream.”

“So in any way, either way, our capacity utilization of the plants remain the same as well as our margins are protected.”

“There could be some additional cost this time. Couple of cargoes were brought from Qatar also.”

“Yes, you can take that, but then we will guide in each and every quarterly call.”

“the Board of Directors of the company has approved an interim dividend of INR7 per share.”

“we will be able to maintain the dividend outgo per share, obviously, not in terms of dividend yield.”

“Q1, it was INR494 crores.”

“Corresponding quarter, it was INR41 crores.”

“Largely, it is both of them, nothing extra.”

“Forex, due to this lease accounting, there is a forex loss of INR27 crores.”

“So you see, there is some claims from the charter side. There are some counterclaims from Petronet also.”

“So you must have noticed that we have suspended the time charter agreement, and all the 3 vessels are under suspension.”

“We are very hopeful that before the contract starts, everything will be certified and proven.”

“from July to September, they were to deliver 28 cargoes. They were able to deliver 6 cargoes.”

“It was part of the current contractual schedule only. Some of the cargoes which were able to cross Strait of Hormuz were delivered to us. It is not a catch-up of the previous volume.”

“PLL achieved a PBT of INR1,659 crores compared with INR1,514 crores in the previous quarter and INR1,083 crores in the corresponding quarter last year.”

“Similarly, PAT stood at INR1,235 crores compared with INR1,133 crores in the previous quarter and INR806 crores in the corresponding quarter last year”

“For the first half, PBT stood at INR3,174 crores and PAT at INR2,368 crores, both registering a growth of 43% over the corresponding period last year.”

“This has been our best ever second quarter as well as our best ever half year in terms of both PBT and PAT.”

“Yes, it's 12 TBTUs, YTD. Last quarter it was 10, this quarter it is 2.”