Earnings call transcript: Max Healthcare posts Q2 2026 growth, shares edge higher
Petronet LNG Limited reported strong results for the second quarter of FY 2026, exceeding both earnings per share and revenue expectations. The company's Q2 2026 beat came as profit before tax (PBT) reached INR 1,659 crore, up 10% sequentially and 53% year-over-year, while profit after tax (PAT) climbed to INR 1,235 crore, representing a 9% increase sequentially and 53% year-over-year.
Management highlighted the quarter as the strongest in the company's history, citing resilient demand, higher throughput, and significant efficiency gains. LNG throughput increased by 12% sequentially, with Dahej throughput rising 12.5% and utilization at 73%. The interim dividend of INR 7 per share was approved despite substantial capital spending.
Petronet LNG is actively pursuing major projects, including the Dahej expansion and a petchem plant, while discussions continue on long-term capacity tie-ups. The stock closed at $302.25, showing a modest 0.43% increase, leaving it near the top of its 52-week range.
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