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Petronet LNG reports 30% fall in Q1 net profit

04 Aug 2014 Evaluate

Petronet LNG has reported results for first quarter ended June 30, 2014.

The company’s net profit for the quarter declined by 30.49% at Rs 156.60 crore as compared to Rs 225.32 crore for the quarter ended June 30, 2013. However, the company’s total income has increased by 20.52% to Rs 10196.14 crore for the quarter under review from Rs 8459.44 crore for the corresponding quarter of the previous year.

Petronet LNG is one of the leading players in oil and natural gas industry space. It has India’s first and largest LNG supply terminal located at Dahej.

Peers
Company Name CMP
Petronet LNG 285.85
Linde India 6197.20
IRM Energy 267.95
Steamhouse India 113.92
Nilachal Carbo Metal 125.00
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