Petronet LNG reports 21% rise in Q2 net profit

Petronet LNG has reported results for second quarter ended September 30, 2012.

The company has posted a rise of 20.91% in its net profit at Rs 314.79 crore for the quarter ended September 30, 2012 as compared to Rs 260.34 crore for the same quarter in the previous year. The company’s total income has registered a growth of 40.59% at Rs 7573.39 crore for quarter under review as compared to Rs 5386.99 crore for the quarter ended September 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.