Petronet's Q1 net profit jumps by 40% 
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Petronet's Q1 net profit jumps by 40%

Petronet LNG Ltd on Wednesday reported a 40 percent jump in its first quarter net profit on a rise in gas volumes

PTI

New Delhi: Petronet LNG Ltd, India's largest liquefied natural gas importer, on Wednesday reported a 40 percent jump in its first quarter net profit on a rise in gas volumes.

Consolidated net profit of Rs 1,100.76 crore in April-June - first quarter of current fiscal - compared with Rs 787.73 crore earning in the same period a year back, according to a stock exchange filing by the company.

Revenue from operations rose 15 percent to Rs 13,415.13 crore.

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