Gujarat State Petronet has reported results for first quarter ended June 30, 2014.
The company’s net profit has declined by 32.69% at Rs 84.99 crore as compared to Rs 126.27 crore for the quarter ended June 30, 2013. Its total income has decreased by 21.29% to Rs 243.92 crore for the quarter under review from Rs 309.91 crore for the corresponding quarter of the previous year.
Gujarat State Petronet, a GSPC Group company is a pioneer in developing energy transportation infrastructure and connecting natural gas supply sources including LNG terminals to growing markets. GSPL is continuously expanding its pipeline network currently in Gujarat to reach the demand centres by laying gas pipeline network.
