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Petronet LNG
Petronet LNG reported a stellar performance for 2QFY2012. The company’s
net sales increased by 75.5% yoy to `5,367cr, driven by increased sales
volumes as well as realization. The company’s total volumes increased by
35.4% yoy to 135TBTU, while average realization increased by 29.7% yoy to
`397/mmbtu. Average cost, on the other hand, also increased by 29.1% yoy
to `356/mmbtu. Further, other expenditure increased by 278.1% yoy to `99cr.
Hence, EBITDA increased by 64.5% yoy to `448cr. Other income increased by
8.2% yoy to `20cr, while tax rate decreased to 30.8% in 2QFY2012,
compared to 32.3% in 2QFY2011. Hence, net profit grew by 98.5% yoy to
`260cr. Currently, the stock is under review
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Petronet LNG
Petronet LNG reported a stellar performance for 2QFY2012. The company’s
net sales increased by 75.5% yoy to `5,367cr, driven by increased sales
volumes as well as realization. The company’s total volumes increased by
35.4% yoy to 135TBTU, while average realization increased by 29.7% yoy to
`397/mmbtu. Average cost, on the other hand, also increased by 29.1% yoy
to `356/mmbtu. Further, other expenditure increased by 278.1% yoy to `99cr.
Hence, EBITDA increased by 64.5% yoy to `448cr. Other income increased by
8.2% yoy to `20cr, while tax rate decreased to 30.8% in 2QFY2012,
compared to 32.3% in 2QFY2011. Hence, net profit grew by 98.5% yoy to
`260cr. Currently, the stock is under review
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