Petronet LNG has reported results for third quarter ended December 31, 2015.
The company has reported 9.85% rise in its net profit at Rs 178.39 crore for the quarter ended December 31, 2015 as compared to Rs 162.39 crore for the same quarter in the previous year. However, the company’s total income has decreased by 53.64% to Rs 5204.45 crore for the quarter under review from Rs 11225.30 crore for the corresponding quarter of the previous year.
Petronet LNG, one of the fastest growing world-class companies in the Indian energy sector, has set up the country's first LNG receiving and regasification terminal at Dahej, Gujarat, and another terminal at Kochi, Kerala. The company is at the forefront of India's all-out national drive to ensure the country's energy security in the years to come.
