Press Release Qtr 01 - 2017

  • Highest ever quantity of LNG processed in Qr I, 2017-18, at 192 TBTU

During the quarter ended 30th June, 2017 (current quarter), PLL processed highest combined throughput at 192 TBTU. Dahej terminal processed 184 TBTU of LNG and had operated at around 97% of its average increased name plate capacity. The Dahej Terminal witnessed increase in throughput over the previous quarter by 4% (Q4 16-17 at 178 TBTU) and increase in throughput over the corresponding quarter by 12% (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% over the corresponding quarter (Q1 16-17 at Rs 556 Cr) and a growth of 8% 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% 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.

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