Gujarat Gas Limited is a leading natural gas distribution company in India, primarily operating in the state of Gujarat. The company was incorporated in 1980 and began commercial operations in 1988. Gujarat Gas Limited is a part of the British Gas Group and has a network of over 25,000 kilometers of pipeline, catering to more than 2 million households, industrial and commercial customers. The company has a strong presence in the CNG (compressed natural gas) market and operates around 300 CNG stations in the state of Gujarat. It also supplies natural gas to various industrial and commercial customers, including ceramic, glass, steel, textile, and chemical companies.
- Gujarat Gas Limited reported Total Income for Q4 FY23 of ₹4,105.61 Crore down from ₹4,791.04 Crore year on year, a decline of 14.3%.
- Total Expenses for Q4 FY23 of ₹3,628.97 Crore down from ₹4,192.45 Crore year on year, a decline of 13.4%.
- Consolidated Net Profit of ₹370.50 Crore, down 16.6% from ₹444.39 Crore in the same quarter of the previous year.
- The Earnings per Share is ₹5.38, from ₹6.46 in the same quarter of the previous year.