Petronet LNG Q2 net jumps two-fold to Rs 260 cr

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Petronet LNG Q2 net jumps two-fold to Rs 260 cr

Press Trust of India / New Delhi 18 Oct 11 | 02:30 PM

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Petronet LNG Ltd, the nation's largest liquefied natural gas importer, today reported almost doubling of its net profit to Rs 260 crore in the quarter ended September 30.

Petronet's net profit was up 98% to Rs 260.33 crore in the July-September quarter, compared to Rs 131.1 crore in the same period a year ago, the company said in a statement.

The company's total income increased from Rs 3,076.3 crore in the second quarter of the 2010-11 fiscal to Rs 5,387 crore in the current financial year.