Gujarat State Petronet has reported results for fourth quarter and year ended March 31, 2014.
The company has posted a fall of 43.35% in its net profit at Rs 91.46 crore for the quarter ended March 31, 2014 as compared to Rs 161.47 crore for the same quarter in the previous year. Total income of the company has decreased by 34.37% at Rs 245.92 crore for quarter under review as compared to Rs 374.73 crore for the quarter ended March 31, 2013.
For the year ended March 31, 2014, the company has posted a fall of 22.11% in its net profit at Rs 419.14 crore as compared to Rs 538.12 crore in the previous year. Total income of the company has decreased by 10.76% at Rs 1105.87 crore for year under review as compared to Rs 1239.24 crore for the year ended March 31, 2013.
For the year ended March 31, 2014, on the consolidated basis, the company has posted a fall of 22.69% in its net profit at Rs 415.78 crore as compared to Rs 537.86 crore for the same period in the previous year. Total income of the company has decreased by 10.62% at Rs 1107.56 crore for year under review as compared to Rs 1239.25 crore for the year ended March 31, 2013.
