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Petronet LNG reports 11% fall in Q2 consolidated net profit

10 Nov 2021 Evaluate

Petronet LNG has reported results for second quarter ended September 30, 2021.

The company has reported a fall of 11.25% in its net profit at Rs 823.02 crore for the quarter under review as compared to Rs 927.30 crore for the same quarter in the previous year. However, total income of the company increased by 70.35% at Rs 10,894.72 crore for Q2FY22 as compared Rs 6,395.34 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 11.08% in its net profit at Rs 817.61 crore for the quarter under review as compared to Rs 919.47 crore for the same quarter in the previous year. However, total income of the company increased by 70.74% at Rs 10,888.95 crore for Q2FY22 as compared Rs 6,377.66 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Petronet LNG 285.85
Linde India 6197.20
IRM Energy 267.95
Steamhouse India 113.92
Nilachal Carbo Metal 125.00
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