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Petronet LNG Q3 PAT seen up 55% at Rs 265 cr

Petronet LNG is expected to report a profit after tax of Rs 265 crore in the third quarter of FY12, a massive growth of 55% as compared to Rs 170.8 crore in a year ago quarter.

January 27, 2012 / 10:56 IST
     
     
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    Petronet LNG is expected to report a profit after tax of Rs 265 crore in the third quarter of FY12, a massive growth of 55% as compared to Rs 170.8 crore in a year ago quarter.


    Sales are seen going up by 67% to Rs 6,070 crore from Rs 3,627.6 crore during the same period.


    Operating profit margin is likely to be at 7.45% in the quarter ended December FY12 versus 9.52% in the corresponding quarter of last fiscal and 8.35% in an earlier quarter.


    On quarter-on-quarter basis, sales are expected to go up by 13% and profit after tax is seen going up 2%.

    Highlights


    * Highest ever sales volumes again; utilization at 109% 


    * Volumes seen up over 15% YoY at 138 TBTU
    first published: Jan 27, 2012 10:55 am

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