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Petronet LNG vs Biocon Q3 FY26

Side-by-side earnings comparison across verified financials, sentiment, risks, and management commentary.

PE

Petronet LNG

Petronet LNG reported a mixed Q3 FY26 with PAT of ₹848 cr (down 2.2% YoY) despite record capacity utilization at Kochi terminal at 29% and Dahej at 94%.

Biocon

Biocon delivered a solid Q3 FY26 with group revenue of ₹4,173 crore (+9% YoY) and EBITDA of ₹951 crore (+21% YoY), driven by strong biosimilar margins (28% vs 21% last year) and generics growth of 24%.

Result Snapshot

Revenue₹11,164 Cr₹4,173 Cr
PAT₹870 Cr₹-52 Cr
EBITDA Margin11%20%
Sentimentbullishbullish

Key Quotes

We are one of the lowest cost operator and our charges are also one of the lowest in the industry.
S. Vivek · GM & President Marketing
Q3 FY26 represents an important operational inflection point for Biocon. With major capex now largely behind us and operating leverage beginning to play out, we are progressing from a phase of balance sheet resilience into a cycle of sustainable growth, margin expansion and a cash flow-led value creation.
Kiran Mazumdar-Shaw · Chairperson