Tuesday 17 May 2016

Petronet LNG: Q4 net profit at Rs.239.3 crore

The board of directors of the company at its meeting held on May 16, 2016, inter alia, has recommended dividend @ 25% on Paid up share capital of the company (i.e. Rs. 2.50 per Share) for the year ended March 31, 2016.

Petronet LNG Ltd has announced the following results for the quarter & year ended March 31, 2016.

The company has posted a net profit of Rs. 239.3 crore for the quarter ended March 31, 2016 as compared to Rs. 300.7 crore for the quarter ended March 31, 2015. Total Income has decreased from Rs. 7219.3 crore for the quarter ended March 31, 2015 to Rs. 6107.9 crore for the quarter ended March 31, 2016.

The audited standalone results for the Year ended March 31, 2016.

The company has posted a net profit of Rs. 9140.20 million for the year ended March 31, 2016 as compared to Rs. 8825.20 million for the year ended March 31, 2015. Total Income has decreased from Rs. 396557.30 million for the year ended March 31, 2015 to Rs. 273038.70 million for the year ended March 31, 2016.

The audited consolidated results for the year ended March 31, 2016

The company has posted a net profit of Rs. 9285.30 million for the year ended March 31, 2016 as compared to Rs. 9048.00 million for the year ended March 31, 2015. Total Income has decreased from Rs. 397834.00 million for the year ended March 31, 2015 to Rs. 273955.60 million for the year ended March 31, 2016.

The board of directors of the company at its meeting held on May 16, 2016, inter alia, has recommended dividend @ 25% on Paid up share capital of the company (i.e. Rs. 2.50 per Share) for the year ended March 31, 2016.

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