Petronet LNG Q3 Results: Firm posts highest quarterly profit of Rs 1,159 cr
New Delhi: Petronet LNG Ltd, India’s largest liquefied natural gas importer, on Wednesday reported its highest quarterly net profit of Rs 1,159.46 crore as a surge in prices boosted margins. Consolidated net profit of Rs 1,159.46 crore, or Rs 7.73 per share, in October-December 2021 was 31.4 per cent higher than Rs 882.05 crore, or Rs 5.88 a share, in the same period of the previous fiscal, the firm said in a stock exchange filing.
Sequentially, profit surged nearly 42 per cent.
Global energy prices surged in the October-December – the third quarter of the current fiscal year – as economies rebounded.
