Petronet LNG reports 5.51% rises in Q1 net profit

31 Jul 2012

Petronet LNG has reported results for first quarter ended June 30, 2012.

On standalone basis, the company has posted a rise of 5.51% in its net profit at Rs 270.85 crore for the quarter ended June 30, 2012, as compared to Rs 256.71 crore for the same quarter in the previous year. Total income of the company has increased by 51.88% to Rs 7057.01 crore for the quarter under review as compared to Rs 4646.41 crore for the quarter ended June 30, 2011.

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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