Petronet LNG reports 16% rise in Q3 consolidated net profit

11 Feb 2020

Petronet LNG has reported results for third quarter ended December 31, 2019.

The company has reported a rise of 19.44% in its net profit at Rs 675.18 crore for the quarter under review as compared to Rs 565.31 crore for the same quarter in the previous year. However, total income of the company decreased by 11.70% at Rs 8994.39 crore for Q3FY20 as compared Rs 10,186.18 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 15.76% in its net profit at Rs 679.22 crore for the quarter under review as compared to Rs 586.73 crore for the same quarter in the previous year. However, total income of the company decreased by 11.70% at Rs 8,994.39 crore for Q3FY20 as compared Rs 10,186.18 crore for the corresponding quarter previous year.

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