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Petronet LNG standalone net profit declines 20.44% in the March 2016 quarter

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Capital Market

Sales decline 15.93% to Rs 5950.10 crore

Net profit of Petronet LNG declined 20.44% to Rs 239.27 crore in the quarter ended March 2016 as against Rs 300.73 crore during the previous quarter ended March 2015. Sales declined 15.93% to Rs 5950.10 crore in the quarter ended March 2016 as against Rs 7077.30 crore during the previous quarter ended March 2015.

For the full year,net profit rose 3.57% to Rs 914.02 crore in the year ended March 2016 as against Rs 882.52 crore during the previous year ended March 2015. Sales declined 32.86% to Rs 26247.53 crore in the year ended March 2016 as against Rs 39092.83 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales5950.107077.30 -16 26247.5339092.83 -33 OPM %7.513.13 -6.063.68 - PBDT431.66212.28 103 1521.991300.28 17 PBT351.65130.59 169 1200.39984.90 22 NP239.27300.73 -20 914.02882.52 4

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First Published: May 17 2016 | 12:02 PM IST

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