Petronet LNG reports 7% fall in Q1 consolidated net profit

08 Aug 2019

Petronet LNG has reported results for first quarter ended June 30, 2019.

The company has reported a fall of 4.55% in its net profit at Rs 560.27 crore for the quarter under review as compared to Rs 586.97 crore for the same quarter in the previous year. Total income of the company decreased by 5.94% at Rs 8,717.85 crore for Q1FY20 as compared Rs 9268.13 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 7.20% in its net profit at Rs 561.94 crore for the quarter under review as compared to Rs 605.56 crore for the same quarter in the previous year. Total income of the company decreased by 5.94% at Rs 8,717.85 crore for Q1FY20 as compared Rs 9268.13 crore for the corresponding quarter previous year.

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