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Petronet LNG Ltd Q1FY24; 13% rise in Profits

Petronet LNG Ltd was formed to develop, design, construct, own and operate Liquefied Natural Gas (LNG) Import and regasification terminals in India.

Financial Results:

Petronet LNG Ltd reported Revenues for Q1FY24 of ₹11,656.00 Crores down from ₹14,264.00 Crore year on year, a fall of 18.28%.

Total Expenses for Q1FY24 of ₹10,741.00 Crores down from ₹13,468.00 Crores year on year, a fall of 20.25%.

Consolidated Net Profit of ₹790.00 Crores up 12.7% from ₹701.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.27, up 12.85% from ₹4.67 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Categories: AlphaGraphs Energy
Tags: LNG
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