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This is an archive article published on October 18, 2011

Petronet LNG posts 98% growth in Q2 net profit

Company's total income increased to Rs 5,386.98 cr in current financial year.

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Petronet LNG Ltd,the nation’s largest liquefied natural gas importer,today reported almost doubling of its net profit to Rs 260.33 crore in the quarter ended September 30.

Petronet’s net profit was up 98 per cent to Rs 260.33 crore in the July-September quarter,compared to Rs 131.12 crore in the same period a year ago,the company said in a statement.

The company’s total income increased from Rs 3,076.31 crore in the second quarter of the 2010-11 fiscal to Rs 5,386.98 crore in the current financial year.

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