New Delhi, February 12 Petronet LNG Ltd, India's largest importer of liquefied natural gas, reported a 5 per cent increase in net profit for the December quarter, attributed to a surge in usage at its Kochi terminal.
Net profit of ₹848 crore for the October-December 2025 quarter – the third quarter of the current 2025-26 fiscal year – compared with ₹806 crore earned in the same period a year ago, according to a company statement.
The company, which operates two facilities in Dahej, Gujarat, and Kochi, Kerala, for importing natural gas in liquid form (LNG), saw overall volume throughput increase by 2 per cent to 228 trillion British thermal units.
"The (17.5 million tonnes per year) Dahej terminal had a capacity utilization of 94 per cent in the current quarter, up from 92 per cent in the previous quarter and 93 per cent in the corresponding quarter," it said. "The (5 million tonnes per year) Kochi terminal achieved the highest ever capacity utilization of 29 per cent in the current quarter."
Operations at Kochi have been affected due to the lack of pipelines to transport gas to consumers.
During the nine months ending December 31, 2025, the Dahej terminal processed 632 TBTU of LNG, compared to 686 TBTU during the corresponding nine months ending December 31, 2024.
The overall LNG volume processed by the company in the current nine months was 682 TBTU, compared to the 729 TBTU processed in the corresponding nine months.
However, net profit declined to ₹2,505 crore for the April-December 2025 period, compared to ₹2,856 crore in the corresponding nine months.
"The robust financial performance of the current quarter was achieved due to operational efficiency and higher capacity utilization," the company said in the statement.
