Petronet LNG Q2 net dips 10%

The company had a net profit of Rs 115.51 crore for the same quarter in FY'08, Petronet LNG said in a filing to the Bombay Stock Exchange.

The total income of the company declined to Rs 1,654.92 crore for the quarter under review from Rs 1,670.50 crore in the year-ago period.

For the six months ending September 30, the public sector energy firm registered a net decline of 6.4 per cent at Rs 209.01 crore against Rs 223.53 crore in the year-ago period.

While the total income in six months rose to Rs 3,300.77 crore, from Rs 3,221.52 crore in the corresponding period last fiscal.

(Source: TradingMarkets.com)