(20 second reading) Petronet LNG Ltd reported a 20 per cent rise in the Q4 net profit on the back of importing higher LNG volumes.
For the FY 2023-24 , Petronet reported highest-ever net profit of Rs 3,536 crore on the back of a 22 per cent growth in volume throughput.
The net profit reported in the March quarter was Rs 738 crore as compared with Rs 614 crore in the same period of the previous year.
During the current quarter ended March 31, Petronet’s mainstay Dahej terminal in Gujarat processed 219 trillion British thermal units (TBTU) of LNG as against 172 TBTU during the corresponding quarter of the previous fiscal.