Petronet LNG Q1 net profit up 131.5% at Rs 257 cr

Petronet LNG has reported a massive 131.5% jump in its first quarter FY12 net profit to Rs 257 crore against Rs 111 crore in the year ago period.

Higher volumes and re-gas charges helped financials the first quarter.

Net sales too surged 83% to Rs 4,623 crore from Rs 2,526 crore year-on-year.

Total volume in the April-June quarter increased more than 40% to 133.4 TBTUs (Thousand British Thermal Units) from 95.1 TBTUs.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd