Petronet LNG achieves record high processing
During the quarter ended June 30, 2017 (current quarter), PLL processed highest combined throughput at 192 TBTU.
Dahej terminal processed 184 TBTU of LNG and had operated at around 97 per cent of its average increased name plate capacity. The Dahej Terminal witnessed increase in throughput over the previous quarter by 4 per cent (Q4 16-17 at 178 TBTU) and increase in throughput over the corresponding quarter by 12 per cent (Q1 16-17 at 165 TBTU) respectively.
The Kochi Terminal processed highest ever quantity of 8 TBTU of LNG. The Company has reported profit before tax of Rs 666 Crore witnessing a growth of 20 per cent over the corresponding quarter (Q1 16-17 at Rs 556 Cr) and a growth of 8 per cent over the previous quarter (Q4 2016-17 at Rs 619 Cr) respectively. Profit after tax is reported at Rs 438 Crore in the current quarter, which registered a growth of 16 per cent over the corresponding quarter (Q1 16-17 at 378 Cr).
The growth in profit before tax is due to higher volumes processed because of the increase in the Regasification capacity, post expansion of the Dahej Terminal and better efficiency achieved in the operations.