Petronet Q4 net profit at Rs 245 crore

Petronet LNG Ltd has retained its net profit of Rs 245 crore for the fourth quarter of the financial year 2012-13 ended on March 31, as compared to the same figures posted during the same quarter of 2011-12

The company’s net sales for the quarter under review saw a 33.5% hike to Rs 8,440.8 crore as against Rs 6,322.7 crore during the fourth quarter of the financial year 2011-12.

Meanwhile, the company’s net profit for the financial year ended on March 31 stood at 8.7%, up to Rs 8,440.8 crore from Rs 6,322.7 crore during the financial year 2011-12.

The net sales for the financial year 2012-13 also saw 39% increase to Rs 8,440.8 crore as against Rs 6,322.7 crore during the previous fiscal.