Categories AlphaGraphs, Earnings

Gujarat State Petronet Ltd Q2FY24; 5% 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 Q2FY24 of ₹4,265.00 Crores down from ₹4,312.00 Crore year on year, a fall of 1.09%.
  • Total Expenses for Q2FY24 of ₹3,530.00 Crores up from ₹3,504.00 Crores year on year, a rise of 0.74%.
  • Consolidated Net Profit of ₹590.00 Crores down 4.99% from ₹621.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹8.06, up 4.27% from ₹7.73 in the same quarter of the previous year.

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