Petronet LNG net up 28% in Q2

Rajalakshmi S Updated - January 09, 2018 at 02:38 AM.

Petronet LNG Ltd has posted the highest-ever net profit for the quarter ended September 30, which grew by 28 per cent to ₹589 crore from ₹460 crore in the corresponding quarter previous fiscal.

“The growth in both PBT and PAT is 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.

During the quarter ended September 30, PLL processed highest ever combined throughput in a quarter at 220 TBTU. The Dahej terminal processed highest ever quantity of 210 TBTU of LNG and had operated at around 110 per cent of its name plate capacity.

Published on November 9, 2017 04:31