Petronet LNG532522Dividend news update

Board declares interim dividend of Rs. 7 per share for FY 2026-27; Q2 profit after tax Rs. 1,235.40 crore

Board declared an interim dividend of Rs. 7/- per share (face value Rs. 10/- each) for FY 2026-27.

By ScoutQuest · Mon 2 Nov 2026, 4:00 PM IST · 2 min read

Interim Dividend: Rs. 7/- per share (face value Rs. 10/- each) for FY 2026-27
Q2 FY27 Revenue from Operations (Standalone): Rs. 7,200.35 crore
Q2 FY27 Profit After Tax (Standalone): Rs. 1,235.40 crore

The Board declared an interim dividend of Rs. 7/- per equity share for FY 2026-27, on shares of face value Rs. 10/- each
The record date and the payment/despatch date will be intimated in due course; only holders on the record date qualify for the payout
An interim dividend is a payout declared during the year, before the annual general meeting

Revenue from operations: Rs. 7,200.35 crore
Profit after tax: Rs. 1,235.40 crore
Basic and diluted earnings per share: Rs. 8.24, not annualised
The statement also carries the half-year and full-year columns, so the quarter can be read alongside longer periods
Consolidated results and the auditors' limited review reports form part of the same intimation

Trade receivables include Use or Pay dues of Rs. 408.23 crore (gross) as at 30 September 2026
A provision of Rs. 230.72 crore has been carried against these dues
Use or Pay dues arise when customers lift less gas than they committed under long-term regasification agreements, and are contractually payable
The company says recovery mechanisms are agreed with customers and bank guarantees have been received for some of these dues; some customers have not provided balance confirmations
Under a settlement arrangement, customers brought in LNG volumes, against which part of the dues was waived and charged to the profit and loss statement

A long-term supply agreement with QatarEnergy LNG covers LNG purchased on a free-on-board basis, with matching gas sale agreements with Indian customers
Force majeure conditions that began in March 2026 continued through the quarter ended 30 September 2026, and some cargoes were delivered on a best-effort basis through alternate voyage charters
The three dedicated LNG vessels stayed suspended since 2 March 2026, apart from one vessel that saw brief use in June 2026
Owners' claims and other associated costs stand at Rs. 625.42 crore plus applicable taxes; the company has not recognised a provision as it considers the claims not tenable under the time charter agreements, and arbitration is being contested

The limited review conclusion is not modified
An emphasis of matter draws attention to the Use or Pay dues and to the vessel claims; this highlights a disclosure in the notes rather than changing the conclusion on the accounts

The dividend amount is stated, but the record date and payout date are yet to be notified
The two highlighted items, the Use or Pay receivables and the vessel claims, are estimates of recoverable or payable amounts whose final outcome depends on customer settlements and arbitration
The company has also stated that there is no outstanding default on loans and debt securities

Also from Petronet LNG

2 Nov 2026

2 Nov 2026

30 Oct 2026