{"id":298524,"date":"2019-10-30T10:59:48","date_gmt":"2019-10-30T05:29:48","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=298524"},"modified":"2019-10-30T11:24:21","modified_gmt":"2019-10-30T05:54:21","slug":"petronet-lng-sep-quarter-net-grows-90-on-lower-tax-to-rs-1089-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/petronet-lng-sep-quarter-net-grows-90-on-lower-tax-to-rs-1089-crore\/","title":{"rendered":"Petronet LNG Sep-quarter net grows 90% on lower tax to Rs 1,089 crore"},"content":{"rendered":"<p>Petronet LNG Ltd, the country&#8217;s biggest importer of liquefied natural gas, on Tuesday reported nearly doubling of net profit in September quarter on back of improved margins. <\/p>\n<p>Net profit in July-September at Rs 1,089 crore was 90 per cent higher than Rs 572.89 crore net profit in the same period, the company said in a regulatory filing. <\/p>\n<p>Revenue from operations, however, slipped to Rs 9,361.18 crore from Rs 10,745.34 crore in the second of the previous fiscal year. <\/p>\n<p>&#8220;The company elected to exercise the option of lower tax rate of 25.17 per cent (announced last month by the government),&#8221; it said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Petronet LNG Ltd, the country&#8217;s biggest importer of liquefied natural gas, on Tuesday reported nearly doubling of net profit in September quarter on back of improved margins. Net profit in July-September at Rs 1,089 crore was 90 per cent higher than Rs 572.89 crore net profit in the same period, the company said in a regulatory filing. Revenue from operations, however, slipped to Rs 9,361.18 crore from Rs 10,745.34 crore in the second of the previous fiscal year. &#8220;The company elected to exercise the option of lower tax rate of 25.17 per cent (announced last month by the government),&#8221; it [&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":[135,130,169],"tags":[],"class_list":["post-298524","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/298524","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=298524"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/298524\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=298524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=298524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=298524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}