Petronet LNG disclosed a sharp rise in standalone net profit for the quarter ended June 2015. During the quarter, the profit of the company rose 58.05% to Rs 2,475.00 million from Rs 1,566.00 million in the same quarter last year.
Revenues for the quarter declined 17.55% to Rs 83,771.70 million, compared with Rs 101,608.20 million for the prior year period.
Operating margin for the quarter stood at 3.35 percent as compared to 2.76 percent for the previous year period. Operating Income for the quarter was Rs 2,810.00 million, compared with Rs 2807 million in the previous year period.
Earnings per share for the quarter stood at Rs 3.30, registering 57.89% growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 15 | Jun - 14 | %Change |
| Revenues | 83,771.70 | 101,608.20 | (17.55) |
| Net Profit | 2,475.00 | 1,566.00 | 58.05 |
| Diluted EPS | 3.30 | 2.09 | 57.89 |
Shares of the company gained Rs 4.5, or 2.37%, to trade at Rs 194.05. The total volume of shares traded was 207,311 at the BSE (2.52 p.m., Thursday).
