Petronet LNG falls despite reporting 24% rise in Q4 consolidated net profit
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Petronet LNG is currently trading at Rs. 209.60, down by 3.60 points or 1.69% from its previous closing of Rs. 213.20 on the BSE.
The scrip opened at Rs. 205.00 and has touched a high and low of Rs. 212.75 and Rs. 203.65 respectively. So far 172738 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 252.10 on 08-Jun-2021 and a 52 week low of Rs. 190.30 on 24-Feb-2022.
Last one week high and low of the scrip stood at Rs. 220.60 and Rs. 203.65 respectively. The current market cap of the company is Rs. 30862.50 crore.
The promoters holding in the company stood at 50.00%, while Institutions and Non-Institutions held 36.98% and 13.02% respectively.
Petronet LNG has reported a rise of 20.34% in its net profit at Rs 750.14 crore for the quarter under review as compared to Rs 623.37 crore for the ended March 31, 2022 in the previous year. Total income of the company increased by 47.49% at Rs 11,245.61 crore for Q4FY22 as compared Rs 7,624.47 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 23.99% in its net profit at Rs 790.98 crore for the quarter ended March 31, 2022 as compared to Rs 637.92 crore for the same quarter in the previous year. Total income of the company increased by 47.44% at Rs 11,241.74 crore for Q4FY22 as compared Rs 7,624.47 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported a rise of 13.66% in its net profit at Rs 3,352.35 crore as compared to Rs 2,949.37 crore for the previous year. Total income of the company increased by 64.61% at Rs 43,475.83 crore for year under review as compared to Rs 26,411.05 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported a rise of 16.97% in its net profit at Rs 3,438.11 crore as compared to Rs 2,939.23 crore for the previous year. Total income of the company increased by 64.76% at Rs 43,466.30 crore for year under review as compared to Rs 26,381.98 crore for year ended March 31, 2021.
