Petronet LNG Ltd has more than doubled its net profit to Rs 397 crore in the third quarter ended December 31 as it handled record volumes of imported gas. Net profit in October-December at Rs 397 crore was 133 per cent higher than Rs 171 crore in the same period a year ago.
Tag: British thermal units
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Petronet LNG Q3 net up 133percent at Rs 397 crore
Petronet LNG Ltd has more than doubled its net profit to Rs 397 crore in the third quarter ended December 31 as it handled record volumes of imported gas.
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Oil prices favor gas cos
The gap between the price of crude oil and natural gas will provide an impetus to a fast shift towards cheaper natural gas.