📊 Petronet LNG – Q1 Results Disappoint, But Long-Term Potential Intact

recently announced its Q1 FY26 results, which showed a drop in both revenue and profit due to lower gas offtake and seasonal demand weakness. However, the company continues to hold a strong position in India’s gas infrastructure story and has announced major capex plans for future growth 🔹 Fundamental View: 🧾 Revenue: ₹11,879.9 Cr (🔻 down 11.4% YoY) 💸 Net Profit: ₹850.6 Cr (🔻 down 25.5% YoY) 📉 Throughput fell from 262 TBTUs to 220 TBTUs (YoY) 🏗️ Plans ₹6,355 Cr investment in new LNG terminal at Gopalpur 💰 Strong balance sheet and consistent dividend payer 📈 Technical View: 📍 Trading in a sideways range between ₹295 and ₹320 ✅ Support near ₹295 – trendline base 🔼 Resistance around ₹320 – needs breakout for bullish momentum 📉 RSI near 46 – indicates neutral momentum 🔎 Outlook: Short-term: Range-bound; wait for breakout above ₹320 or breach below ₹295 (As it is trading between this range) Long-term: Positive – strong fundamentals, capacity expansion in place, key player in India’s gas infrastructure growth