Petronet LNG Q3FY24 results: Net profit rises 1.2% to Rs 1,191 crore
India’s largest Liquified Natural Gas (LNG) importer, Petronet LNG, registered a marginal 1.2 per cent year-on-year rise in consolidated profit at Rs 1,190.3 crore for the third quarter (October-December) of FY24, up from Rs 1,181 crore in Q3 FY23. On a sequential basis, profit was 46 per cent higher than the Rs 814.9 crore registered in the preceding quarter.
The latest growth was owing to efficiency in operations and higher capacity utilisation of Petronet’s LNG terminal at Gujarat’s Dahej.
