Gujarat State Petronet Ltd Q1FY24; 33% fall in Profits

Gujarat State Petronet Limited is a Public Limited Company incorporated under The Companies Act,1956. Further it is a Government Company u/s 2(45) under the Companies Act,2013.
Gujarat State Petronet Limited alongwith its subsidiaries is primarily engaged in transmission of Natural gas through pipeline. Further it is engaged in business of implementing and operating City Gas Distribution and generation of electricity through windmills.

Financial Results:

• Gujarat State Petronet Ltd reported Revenues for Q1FY24 of ₹4,108.00 Crores down from ₹5,536.00 Crore year on year, a fall of 25.79%.
• Total Expenses for Q1FY24 of ₹3,563.00 Crores down from ₹4,735.00 Crores year on year, a fall of 24.75%.
• Consolidated Net Profit of ₹434.00 Crores down 33.02% from ₹648.00 Crores in the same quarter of the previous year.
• The Earnings per Share is ₹5.94, down 29.20% from ₹8.39 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.