Petronet LNG June qtr net dips 2 pc at Rs 103 cr

Liquefied natural gas importer Petronet LNG today said its net profit declined by 2.20 per cent at Rs 103.31 crore for the quarter ended June 30, 2009, over the same period last year.

The company had a net profit of Rs 105.64 crore in the same quarter ended June 2008, liquefied natural gas importer said in a filing to the Bombay Stock Exchange.

Total income rose to Rs 2,641.2 crore in the latest quarter, against Rs 1,645.85 crore in the same quarter previous fiscal.

Shares of Petronet LNG were trading at Rs 67.10 on the BSE, down 7.32 per cent from previous close.

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