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25-Jul-2024

Petronet LNG

Robust financial


'Consolidated net sales (including other operating income) of Petronet LNG has increased 15.09% to Rs 13415.13 crore.  Operating profit margin has jumped from 10.14% to 11.65%, leading to 32.22% rise in operating profit to Rs 1,562.50 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 88.37% to 85.48%.   Other expenses rose from 1.06% to 2.44%.  

Other income rose 22.85% to Rs 177.71 crore.  PBIDT rose 31.20% to Rs 1740.21 crore.  Provision for interest fell 10.54% to Rs 66.69 crore. 

PBDT rose 33.68% to Rs 1673.52 crore.  Provision for depreciation rose 1.42% to Rs 194.57 crore. 

Profit before tax grew 39.52% to Rs 1,478.95 crore.  Share of profit/l...



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