Petronet LNG Limited
Regd Office : World Trade Centre,
First Floor, Babar Road, Barakhamba Lane, New Delhi - 110 001
Un-audited Financial Results for the Quarter
ended on 30th September 2007
(Rs.In lakhs)
Quarter
ended 30.9.2007
Quarter
ended 30.9.2006
Six
months ended 30.9.2007
Six
months ended 30.9.2006
Previous
year ended 31.03.2007 (Audited)
1
Quantitative Details (TBTUs) -
- Sales Qty .
83.21
71.04
161.83
134.19
287.08
' - Regasified Qty.
-
-
-
3.20
3.20
Total
83.21
71.04
161.83
137.39
290.28
2
Net Sales / Income from Operations
' - Sales
167,050.42
137,508.61
322,152.50
238,581.65
550,060.46
' - Services
-
-
-
834.97
834.97
Total
167,050.42
137,508.61
322,152.50
239,416.62
550,895.43
3
Other Income
1,213.97
769.45
2,372.48
1,298.33
3,659.23
4
Total Revenue
168,264.39
138278.06
324,524.98
240,714.95
554,554.66
5
Total Expenditure
a) Consumption of Raw materials
142,985.13
120,508.20
274,527.26
205,897.61
474,647.01
b) Staff Cost
423.84
280.99
994.32
651.22
1,205.12
c) Other expenditure
2,207.01
2,245.82
4,705.74
5,308.12
10237.63
6
Finance Charges
2,606.18
2,692.59
5,172.88
5,354.64
10,703.96
7
Profit before Depreciation & Tax
20,042.23
12,550.46
39,124.78
23,503.36
57,760.94
8
Depreciation
2,576.12
2,571.80
5,115.88
5,112.76
10,203.07
9
Profit before tax
17,466.11
9,978.66
34,008.90
18,390.60
47,557.87
10
Provision for Taxation
a) Current Taxation/MAT
5,800.00
1,100.00
9,925.00
2,050.00
5,330.00
b) Deferred Tax Liability
100.00
3,360.00
1,700.00
6,150.00
16,170.00
c) Fringe Benefit Tax
15.00
15.00
30.00
28.50
62.50
d) MAT Credit Available for Set Off
-
(1,100.00)
-
(2,050.00)
(5,330.00)
11
Net profit
11,551.11
6,603.66
22,353.90
12,212.10
31,325.37
12
Paid-up equity share capital
(Face Value of Rs 10 each)
75,000.00
75,000.00
75,000.00
75,000.00
75,000.00
13
Reserves excluding revaluation reserves
74,905.38
44,406.69
74,905.38
44,406.69
52,551.68
14
Basic and Diluted EPS
1.54
(Not Annualised)
0.88
(Not Annualised)
2.98
(Not Annualised)
1.63
(Not Annualised)
4.18
(Annualised)
15
Public Shareholding -
a) Number of shares
375,000,044
375,000,044
375,000,044
375,000,044
375,000,044
b) Percentage of Shareholding
50%
50%
50%
50%
50%
Notes
1.
The above results have been reviewed by Audit Committee and approved by the Board of Directors in their meeting held on 18th October 2007. The statutory auditors have carried out a limited review of the quarterly results.
2.
The Company has started supplies of R-LNG for Ratnagiri Gas & Power Plant Limited equivalent to 1.5 MMTPA through Bharat Petroleum Corporation Limited, Gail (India) Limited and Indian Oil Corporation Limited
3.
The Company has commissioned first LNG Truck Loading Facility in India. This would facilitate distributed small power generation units and city gas.
4.
No investor complaint was pending to be resolved at the beginning of the quarter. 1104 complaints were received during the Quarter, out of which 1044 complaints were resolved. 60 complaints were pending to be resolved at the end of the Quarter.
5.
The Company is presently operating in one segment viz. Regasified - Liquefied Natural Gas (R- LNG).
