GSPL Q4 PAT rises 16% YoY to Rs 261 cr
Mumbai, May 9 -- The company's revenue from gas transportation was at Rs 501.11 crore (up 18.88% YoY) while that from electricity sales was Rs 5.70 crore (up 4.4% YoY) during the quarter.
Profit before tax during the quarter stood at Rs 357.08 crore, registering a growth of 21.84% on YoY basis.
The company's Q4 transmission volume was 33.37 mmscmd (million metric standard cubic metres per day), up 33.05% YoY.
On full year basis, the company's net profit jumped 35.95% to Rs 1284.64 crore on 15.31% rise in revenue to Rs 2,031.54 crore in FY24 over FY23.
Meanwhile, the firm's board recommended a dividend of Rs 5 per equity share for the financial year 2023-24.
Gujarat State Petronet's primary business objective is to connect various su...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.