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Gujarat State Petronet reports 39% jump in Q3 net profit

05 Feb 2016 Evaluate

Gujarat State Petronet has reported results for third quarter ended December 31, 2015.

The company has reported 39.07% rise in its net profit at Rs 123.48 crore as compared to Rs 88.79 crore for the same quarter in the previous year. The company’s total income has increased by 7.83% to Rs 276.27 crore for the quarter under review from Rs 256.20 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.

Peers
Company Name CMP
GAIL (India) 172.65
Gujarat Energy 235.95
Indraprastha Gas 145.05
Mahanagar Gas 1071.05
Adani Total Gas 610.80
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