Petronet LNG Ltd, India's biggest liquefied natural gas importer, on Tuesday reported an 11 per cent drop in its September quarter net profit on reduced volumes.

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Net profit of Rs 823.02 crore in the July-September was 11.24 per cent lower than the net profit of Rs 927.3 crore a year back, according to the company's filing to the stock exchanges.

Revenue jumped 70 per cent to Rs 10,894.72 crore on the back of a surge in international energy prices.

The spike in global rates meant a lesser amount of LNG cargoes were imported beyond the committed contracts as domestic customers couldn't afford such high prices.

Petronet said its board declared a special interim dividend of Rs 7 per equity share for fiscal 2021-22.