Petronet LNG, the country's largest liquefied natural gas importer, today said its net profit declined by 19.89 per cent to Rs 105.07 crore in the third quarter ended December 31.
The state-run company had reported a net profit of Rs 131.07 crore in the same quarter FY08.
The company's total income climbed to Rs 2,473.04 crore for the quarter under review from Rs 1,581.13 crore for the same quarter a year ago period, the company said in a filing to the Bombay Stock Exchange.
For the nine-month period ended December 31, the company's net profit declined to Rs 314.09 crore from Rs 354.61 crore in the same period last fiscal.
Shares of Petronet LNG settled at Rs 37.15, up 0.68 per cent on the BSE.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app