Petronet LNG reports 14% year-on-year rise in PAT at Rs 3,352 crore in FY 2021-22

India’s top gas importer Petronet LNG reported its highest ever profit before tax (PBT) and profit after tax (PAT) in financial year (FY) 2021-22.

The company reported 13 per cent year-on-year rise in its PBT at Rs 4,474 crore for FY 2021-22 while the PAT grew 14 per cent on-year at Rs 3,352 crore.

In the quarter ended March 2021 (Q4), the Petronet LNG reported PBT of Rs 984 crore, up nearly 15 per cent on-year while its PAT during the quarter jumped over 20 per cent on-year to Rs Rs 750 crore. In the preceding quarter ended December 2021 (Q3), the PBT was Rs 1,533 crore while the PAT stood at Rs 1,144 crore.

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