Petronet LNG net up 13%
1-Jan-1970

Petronet LNG Ltd today announced a standalone profit of Rs 120.03 crore for the fourth quarter ended March 31, 2008, a 13.20 percent growth over a corresponding period a year ago. The company had a standalone net profit of Rs 106.0 crore for the fouth quarter of fiscal 2006-07. The standalone total income of the company rose to Rs 1,770.54 crore in the latest quarter from Rs 1,553.67 crore in the year ago period.

The board of directors has recommended a dividend of Rs 1.50 per equity share (15 per cent on an equity share of Rs 10 each) for the year ended March 31, 2008. This payment is subject to approval of the shareholders in the ensuing Annual General Meeting of the company.

Petronet LNG Ltd today announced a standalone profit of Rs 474.65 crore (Rs 313.25 crore) for the year ended March 31, 2008, up 34 percent from Rs. 313.25 crore in corresponding year last year. The standalone total income of the company rose to Rs 6,608.89 crore for the year ended March 31, 2008 from Rs 5,545.55 crore in the year ago period. Shares of the company closed at Rs. 76.80 at the BSE, down 0.84 percent from the previous close.




Source: The Indian Express, Mumbai, April 17 2008
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