Petronet LNG reports 58% rise in Q1 net profit

30 Jul 2015

Petronet LNG has reported results for first quarter ended June 30, 2015.

The company has reported 58.05% rise in its net profit at Rs 247.50 crore for the quarter ended June 30, 2015 as compared to Rs 156.60 crore for the same quarter in the previous year. However, the company’s total income has decreased by 17.51% to Rs 8410.50 crore for the quarter under review from Rs 10196.14 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.

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