Thursday, April 17, 2008

Result of Petronet LNG Ltd

PLL reported a PAT of Rs1.2bn for Q4 FY08 which was down 8.4% qoq and up 13.2% yoy. The qoq decline was on account of 7.4% drop in operating profit and 219bps increase in effective tax rate.

ä Net sales up 13.9% on higher volumes and realizations
ä OPM down 50bps qoq and 240bps yoy
ä Recommend Market Performer with a target of Rs80
Click below for the quarterly update of Petronet LNG Ltd.
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