State-owned Petronet LNG's net profit rose higher than expected 10.6% quarter-on-quarter to Rs 271 crore in the first quarter of FY12. Analysts on an average had expected around Rs 242 crore.
Net sales went up by 9.7% to Rs 6,993 crore from Rs 6,375.4 crore during the same period. Analysts had a forecast of Rs 6,690 crore. The company has reported forex loss of Rs 69.7 crore in the first quarter of FY13 as against gain of Rs 57.5 crore in the previous quarter.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
