Petronet LNG Net profit grows 70.24% in Q4
Petronet LNG, the nation's largest liquefied natural gas importer, has registered 70.24 growth in its net profit to Rs 204.35 crore for the fourth quarter ended March 31.
The company had a net profit of Rs 120.03 crore in the same quarter ended March 2008.
Further, the company's total income also rose to Rs 2,654.88 crore in the quarter, up by 51.47% from Rs 1,752.65 crore in the previous year-ago quarter.
For the full year ended March 31, 2009, the company posted a net profit of Rs 518.44 crore, up 9.22 % as compared with Rs 474.66 crore in the last fiscal.
In addition, the company's total income also surged by 28.57% to Rs 8,428.70 crore in the year ended March 31, 2009, from Rs 6,555.31 crore in the previous fiscal.
Apart from the announcement of results, Petronet LNG declared a dividend at 17.5 per cent on the paid-up share capital of the company (Rs 1.75 a share) for the year ended March 31, 2009.