Petronet LNG Ltd, India’s largest liquefied natural gas importer, announced a significant 40 percent rise in its first-quarter net profit, driven by increased gas volumes. According to the company’s stock exchange filing, the consolidated net profit for the April-June quarter of the current fiscal year reached Rs 1,100.76 crore, up from Rs 787.73 crore in the same period last year.
Additionally, the company’s revenue from operations saw a 15 percent increase, climbing to Rs 13,415.13 crore.
