Petronet LNG trades in red on reporting 11% fall in Q2 consolidated net profit
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Petronet LNG is currently trading at Rs. 234.60, down by 1.00 points or 0.42% from its previous closing of Rs. 235.60 on the BSE.
The scrip opened at Rs. 236.80 and has touched a high and low of Rs. 238.80 and Rs. 233.80 respectively. So far 139922 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 275.25 on 12-Jan-2021 and a 52 week low of Rs. 211.50 on 11-Aug-2021.
Last one week high and low of the scrip stood at Rs. 238.80 and Rs. 229.55 respectively. The current market cap of the company is Rs. 35302.50 crore.
The promoters holding in the company stood at 50.00%, while Institutions and Non-Institutions held 36.78% and 13.22% respectively.
Petronet LNG has reported results for second quarter ended September 30, 2021.
The company has reported a fall of 11.25% in its net profit at Rs 823.02 crore for the quarter under review as compared to Rs 927.30 crore for the same quarter in the previous year. However, total income of the company increased by 70.35% at Rs 10,894.72 crore for Q2FY22 as compared Rs 6,395.34 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 11.08% in its net profit at Rs 817.61 crore for the quarter under review as compared to Rs 919.47 crore for the same quarter in the previous year. However, total income of the company increased by 70.74% at Rs 10,888.95 crore for Q2FY22 as compared Rs 6,377.66 crore for the corresponding quarter previous year.
