Petronet LNG Ltd. reported a rise in profit for the first quarter of fiscal 2025.
The LNG distributor's net profit rose 44.6% year-on-year to Rs 1,105 crore in the quarter ended June 2024, according to an exchange filing. Operating margin expanded 360 basis points on year to 11.6%.
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Petronet LNG Q1 Results: Key Highlights (Consolidated, QoQ)
Revenue fell 2.8% to Rs 13,415 crore.
Ebitda rose 41.6% to Rs 1,563 crore.
Margins at 11.6% versus 8%
Net Profit rose 44.6% to Rs 1,105 crore.
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