Petronet LNG Profit Jumps 16%

The Economic Times - - Companies: Pursuit Of Profit - Our Bureau.

Petronet LNG, In­dia’s largest nat­u­ral gas im­porter, has re­ported a 16% jump in quar­terly profit, mainly on ca­pac­ity ex­pan­sion at its Da­hej ter­mi­nal, re­ports Profit rose to .₹ 438 crore in the quar­ter to June from .₹ 378 crore in the year-ago pe­riod. The profit rose “due to higher vol­umes pro­cessed be­cause of the in­crease in the re­gasi­fi­ca­tion ca­pac­ity, post ex­pan­sion of the Da­hej ter­mi­nal and bet­ter ef­fi­ciency achieved in the op­er­a­tions,” the com­pany said in a state­ment.


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