Earnings Alerts

Petronet LNG (PLNG) Earnings: Q4 Net Income Misses Estimates with a 20% Year-on-Year Increase

Petronet LNG‘s 4Q net income stands at 7.38 billion rupees, indicating a 20% increase year-on-year (y/y).

• This net income, however, missed estimates which had predicted a figure of 8.24 billion rupees.

• Revenue is reported as 137.9 billion rupees, showcasing a decrease of 0.6% y/y. Revenue estimate was slightly higher at 138.68 billion rupees.

• Total costs have fallen by 2% y/y to 129.5 billion rupees.

• Other income has experienced marginal growth of 1.9% y/y to 1.57 billion rupees.

• Dividend per share for this quarter was 3 rupees.

• Analyst evaluations show 8 buys, 14 holds, and 12 sells for Petronet LNG‘s shares.

• All results comparisons are based on values reported by the company’s original disclosures.


A look at Petronet LNG Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth3
Resilience5
Momentum5
OVERALL SMART SCORE4.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Petronet LNG Ltd., a company formed by the Government of India to import liquefied natural gas (LNG), shows a promising long-term outlook according to Smartkarma Smart Scores. With high scores in Dividend, Resilience, and Momentum, Petronet LNG positions itself as a stable investment choice in the energy sector.

Having strong partnerships with key players like GAIL, ONGC, IOC, BPCL, and GAZ de France, Petronet LNG strategically operates LNG receiving ports in Dahej and Kochi. The company’s solid Dividend score, along with Growth potential and Resilience in the market, indicates a positive trajectory for long-term growth and stability in the energy industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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