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Gujarat Industries Power Co Ltd Q2FY24; 4% rise in Profits

Gujarat Industries Power Company Ltd is engaged in generation of power from gas, lignite, wind and solar assets. Its principal place of business are located in the state of Gujarat.

Financial Results:

Gujarat Industries Power Co Ltd reported Revenues for Q2FY24 of ₹280.00 Crores up from ₹252.00 Crore year on year, a rise of 11.11%.

Total Expenses for Q2FY24 of ₹270.00 Crores up from ₹227.00 Crores year on year, a rise of 18.94%.

Consolidated Net Profit of ₹28.00 Crores up 3.7% from ₹27.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.87, up 6.25% from ₹1.76 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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