Gujarat Gas releases Consolidated Quarterly Results for December 31, 2022.
Gujarat Gas Quarterly Results (Q3 FY2023) – Quarter-over-Quarter Comparison:
Total income of the company is Rs.3,853.27 Crores (December 31, 2022) vs. Rs.4,126.38 Crores (September 30, 2022)
Net profit/loss: Rs.371.57 Crores (December 31, 2022) vs. Rs.404.41 Crores (September 30, 2022)
EPS: Rs.5.40 (December 31, 2022) vs. Rs.5.87 (September 30, 2022)
| Financials | Q3 FY2023 | Q2 FY2023 | % Change |
| Total Income | ₹3,853.27 Cr | ₹4,126.38 Cr | ⬇ -6.61% |
| Net Profit | ₹371.57 Cr | ₹404.41 Cr | ⬇ -8.12% |
| EPS | ₹5.40 | ₹5.87 | ⬇ -8.00% |
Gujarat Gas Quarterly Results (Q3 FY2023) – Year-over-Year Comparison:
Total income of the company is Rs.3,853.27 Crores (December 31, 2022) vs. Rs.5,276.48 Crores (December 31, 2022)
Net profit/loss: Rs.371.57 Crores (December 31, 2022) vs. Rs.122.94 Crores (December 31, 2022)
EPS: Rs.5.40 (December 31, 2022) vs. Rs.1.79 (December 31, 2022)
| Financials | Q3 FY2023 | Q3 FY2022 | % Change |
| Total Income | ₹3,853.27 Cr | ₹5,276.48 Cr | ⬇ -26.97% |
| Net Profit | ₹371.57 Cr | ₹122.94 Cr | ⬆ 202.23% |
| EPS | ₹5.40 | ₹1.79 | ⬆ 201.67% |
Gujarat Gas Quarterly Results (9 Months Ended FY2023) – Year-over-Year Comparison:
Total income of the company is Rs.13,301.88 Crores (December 31, 2022) vs. Rs.12,087.18 Crores (December 31, 2021)
Net profit/loss: Rs.1,157.88 Crores (December 31, 2022) vs. Rs.842.98 Crores (December 31, 2021)
EPS: Rs.16.82 (December 31, 2022) vs. Rs.12.25 (December 31, 2021)
| Financials | 9 Months Ended FY2023 | 9 Months Ended FY2022 | % Change |
| Total Income | ₹13,301.88 Cr | ₹12,087.18 Cr | ⬆ 10.04% |
| Net Profit | ₹1,157.88 Cr | ₹842.98 Cr | ⬆ 37.35% |
| EPS | ₹16.82 | ₹12.25 | ⬆ 37.30% |
About Gujarat Gas:
Gujarat Gas Limited (GGL) is a government company u/s 2(45) of Companies Act 2013. Formerly Known as GSPC Distribution Networks Limited(GDNL), GGL is engaged in the business of Natural gas in India. The business of natural gas involves distribution of gas from sources of supply to centres of demand and to end customers.
GGL caters to its customers by providing CNG and PNG connections in domestic, Industrial, Commercial and Non commercial segments in the areas of South & Central Gujarat and Saurashtra.
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