Mumbai: Petronet LNG, the nation’s largest liquefied natural gas importer, on Monday said it has reported a 70.24% growth in net profit at Rs204.35 crore for the fourth quarter ended 31 March, 2009.
The company had a net profit of Rs120.03 crore in the quarter ended March FY’08, Petronet LNG said in a filing to the Bombay Stock Exchange.
The company’s total income rose to Rs2,654.88 crore in the March quarter from Rs1,752.65 crore in the corresponding year-ago period.
Besides, Petronet LNG declared a dividend at 17.5% on the paid-up share capital of the company (Rs 1.75/share) for the year ended 31 March, 2009.
For the full year ended 31 March, 2009, Petronet LNG posted a net profit of Rs518.44 crore as compared to Rs474.66 crore in the last fiscal.
The company’s total income rose to Rs8,428.70 crore in the year ended 31 March, 2009, from Rs6,555.31 crore in the previous fiscal.
Shares of Petronet LNG were trading at Rs54.55, up 2.92% on the BSE.