Petronet LNG reports 17% drop in Q1 net profit

30 Jul 2013

Petronet LNG has reported results for first quarter ended June 30, 2013.

On standalone basis, the company has posted a fall of 16.81% in its net profit at Rs 225.32 crore for the quarter ended June 30, 2013 as compared to Rs 270.85 crore for the same quarter in the previous year. However, total income of the company has increased by 19.87% to Rs 8459.44 crore for quarter under review as compared to Rs 7057.01 crore for the quarter ended June 30, 2012.

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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220.30 -1.80 (-0.81%) Apr 16, 18:01
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323