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Prabhudas Lilladher Report
Petronet LNG Ltd. reported Q2 FY21 Ebitda and profit before tax of Rs 13.6 billion (our estimate Rs 10.2 billion; up 17% YoY) and Rs 12.4 billion (our estimate Rs 8.1 billion; up 30% YoY) respectively.
Profit after tax was at Rs 9.2 billion (down 21%YoY; our estimate Rs 6.0 billion) due to tax write back in Q2 FY20.
Operationally better results were due to record volumes, blended tariffs and inventory gains of Rs 700 million.
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