{"id":274679,"date":"2019-05-16T05:52:39","date_gmt":"2019-05-16T05:52:39","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=274679"},"modified":"2019-05-16T05:52:39","modified_gmt":"2019-05-16T05:52:39","slug":"petronet-lng-q4-net-falls-16-to-%e2%82%b9440-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/petronet-lng-q4-net-falls-16-to-%e2%82%b9440-crore\/","title":{"rendered":"Petronet LNG Q4 net falls 16% to \u20b9440 crore"},"content":{"rendered":"<p>Petronet LNG has reported a \u20b9440-crore profit for the fourth quarter of financial year 2018-2019. This is 15.87 per cent lower than the \u20b9523 crore bottom-line reported by the company in the same quarter of the last financial year.<\/p>\n<p>The company\u2019s board of directors has recommended a 45 per cent dividend at \u20b94.5 for each equity share of \u20b910 each.<\/p>\n<p>The profits during the quarter under review have been hit by an inventory loss of \u20b9119 crore. \u201cThe spot price of natural gas has fallen from $8.5 per million British thermal units (mBtu) at the beginning of the quarter to $4.3 per mBtu. This has brought down the profit by \u20b9119 crore in the fourth quarter of financial year 2018-2019,\u201d Prabhat Singh , Managing Director and Chief Executive Officer, Petronet LNG, told BusinessLine. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Petronet LNG has reported a \u20b9440-crore profit for the fourth quarter of financial year 2018-2019. This is 15.87 per cent lower than the \u20b9523 crore bottom-line reported by the company in the same quarter of the last financial year. The company\u2019s board of directors has recommended a 45 per cent dividend at \u20b94.5 for each equity share of \u20b910 each. The profits during the quarter under review have been hit by an inventory loss of \u20b9119 crore. \u201cThe spot price of natural gas has fallen from $8.5 per million British thermal units (mBtu) at the beginning of the quarter to [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-274679","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/274679","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=274679"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/274679\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=274679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=274679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=274679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}