Petronet LNG Returns Modest 22.56% Over Five Years Amid Volatility

Petronet LNG Ltd (NSE: PETRONET), India's largest importer and regasifier of liquefied natural gas, has returned a modest 22.56% in five years. Despite a strong rally to Rs 384.20 in August 2024, the share price has since drifted lower and is currently trading around Rs 286.10.

The company's profit held up despite lower volumes in the June 2026 quarter, with net profit rising approximately 34% year on year to Rs 1,108 crore. The dividend yield of about 3.5% adds a meaningful layer to the modest price gain.

The share has been volatile over the past five years, with two strong rallies followed by sharp setbacks. In 2024, the company extended its long-term contract with QatarEnergy for 7.5 million tonnes a year for 20 more years, priced below the old one, with savings estimated at around USD 6 billion over the contract life.