PETRONET LNG Announces Quarterly Results (3QFY20); Net Profit Up 19.4%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

PETRONET LNG Announces Quarterly Results (3QFY20); Net Profit Up 19.4%
Tue, 11 Feb

PETRONET LNG has announced its results for the quarter ended December 2019. Here is a detailed performance review of the same:

PETRONET LNG Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-18*
3
Sep-19*
3
Dec-19*
QoQ ChangeYoY Change
Net SalesRs m100,97793,61289,102-4.8%-11.8%
Other incomeRs m884975842-13.7%-4.8%
TurnoverRs m101,86294,58789,944-4.9%-11.7%
ExpensesRs m92,49782,00778,027-4.9%-15.6%
Gross profitRs m8,48110,88411,0761.8%30.6%
DepreciationRs m1,0371,9601,9600.0%89.0%
InterestRs m2151,051940-10.6%336.5%
Profit before taxRs m8,1138,8489,0171.9%11.1%
TaxRs m2,460-2,1842,265-7.9%
Profit after taxRs m5,65311,0316,752-38.8%19.4%
Gross profit margin%8.411.612.4
Effective tax rate%30.3-24.725.1
Net profit margin%5.511.77.5
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter fell 11.8% on a year-on-year (YoY) basis. The expenses were down by 15.6% YoY during the same period.
  • The company's operating profit increased by 30.6% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 12.4% in 3QFY20 as against 8.4% in 3QFY19.
  • Depreciation charges increased by 89.0% and finance costs increased by 336.5% YoY, respectively.
  • Other income declined by 4.8% YoY during the quarter.
  • Net profit for the quarter increased by 19.4% YoY. Net profit margins during the quarter increased from 5.5% in 3QFY19 to 7.5% in 3QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 4.8% on a quarter-on-quarter (QoQ) basis. The expenses were down by 4.9% QoQ during the same period.
  • The company's operating profit increased by 1.8% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 12.4% in 3QFY20 as against 11.6% in 2QFY19.
  • Net profit for the quarter declined by 38.8% QoQ, while net profit margins declined from 11.7% in 2QFY19 to 7.5% in 3QFY20.

To see how PETRONET LNG has performed over the last eight quarters,please visit here.

Get Details: First Stock to Potentially Accumulate Rs 7 Crore Long-term Wealth

PETRONET LNG Share Price Performance

Over the last one year,PETRONET LNG share price has moved up from Rs 224.5 to Rs 263.0, registering a Gain of Rs 38.5 or around 17.1%.

Meanwhile, the S&P BSE OIL & GAS Index is trading at Rs 14,280.0 (up 0.7%). Over the last one year it has moved up from 13,457.3 to 14,280.0, a gain of 823 points (up 6.1%).

Overall, the S&P BSE SENSEX is up 13.7% over the year.

Current Valuations

At the current price of Rs 263.0, the price to earnings (P/E) ratio of PETRONET LNG stands at 14.2 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.9 times.

Equitymaster requests your view! Post a comment on "PETRONET LNG Announces Quarterly Results (3QFY20); Net Profit Up 19.4%". Click here!

  

Related Views on News

PETRONET LNG Announces Quarterly Results (1QFY21); Net Profit Down 7.1% (Quarterly Result Update)

Sep 1, 2020 | Updated on Sep 1, 2020

For the quarter ended June 2020, PETRONET LNG has posted a net profit of Rs 5 bn (down 7.1% YoY). Sales on the other hand came in at Rs 49 bn (down 43.3% YoY). Read on for a complete analysis of PETRONET LNG's quarterly results.

PETRONET LNG Announces Quarterly Results (2QFY20); Net Profit Up 96.0% (Quarterly Result Update)

Nov 6, 2019 | Updated on Nov 6, 2019

For the quarter ended September 2019, PETRONET LNG has posted a net profit of Rs 11 bn (up 96.0% YoY). Sales on the other hand came in at Rs 94 bn (down 12.9% YoY). Read on for a complete analysis of PETRONET LNG's quarterly results.

PETRONET LNG 2018-19 Annual Report Analysis (Annual Result Update)

Oct 18, 2019 | Updated on Oct 18, 2019

Here's an analysis of the annual report of PETRONET LNG for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of PETRONET LNG. Also includes updates on the valuation of PETRONET LNG.

More Views on News

Most Popular

Intraday Trading for a Living(Fast Profits Daily)

Feb 15, 2021

In this video, I'll cover your queries on intraday trading and also share my view on how to decide stop losses and target prices.

Penny Stock Master Series: The Quest for 10X Profits in 10 Years(Profit Hunter)

Feb 12, 2021

This is first of the three part master series. In these editorials, I'll show you how to earn 10X returns from a penny stock portfolio over 10 years.

Top 5 Stocks Mutual Funds Bought and Sold in January 2021(Sector Info)

Feb 16, 2021

A look at what India's top equity mutual funds bought and sold in January 2021.

I Would Recommend this Small-cap Stock Over Tesla(Profit Hunter)

Feb 16, 2021

Do you enjoy reading Tesla and Bitcoin stories? Here's a not so famous small-cap stock to profit from the rise of EVs.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

PETRONET LNG SHARE PRICE


Feb 25, 2021 01:54 PM

TRACK PETRONET LNG

  • Track your investment in PETRONET LNG with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

PETRONET LNG - GUJ. STATE PETRONET COMPARISON

COMPARE PETRONET LNG WITH

MARKET STATS