Friday 31 January 2014

Petronet LNG reports 57% fall in Q3 net profit

Petronet LNG has reported results for third quarter ended December 31, 2013.

The company has reported 57.44% fall in its net profit at Rs 135.55 crore for the quarter as compared to Rs 318.50 crore for the same quarter in the previous year. However, total income from operations of the company increased by 11.34% at Rs 9382.12 crore for quarter under review, as compared to Rs 8422.78 crore for the quarter ended December 31, 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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