Gujarat State Petronet has reported results for second quarter ended September 30, 2015.
The company has reported 35.97% fall in its net profit at Rs 108.52 crore for the quarter ended September 30, 2015 as compared to Rs 169.47 crore for the same quarter in the previous year. The company’s total income has decreased by 27.69% to Rs 264.81 crore for the quarter under review from Rs 366.21 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.
