Gujarat State Petronet has reported results for the fourth quarter and year ended March 31, 2013.
The company has reported a rise of 24.92% in its net profit at Rs 161.47 crore in Q4FY13 as compared to net profit of Rs 129.26 crore in the same quarter previous year. Total income from operation of the company has increased by 29.08% to Rs 359.81 crore as compared to Rs 278.76 crore in corresponding quarter last year.
For the year ended March 31, 2013, the company has registered 3.08% rise in its net profit at Rs 538.12 crore in FY13 as against Rs 522.06 crore in previous years. Total income from operation of the company has increased to Rs 1173.20 crore as compared to Rs 1123.28 crore in FY12, up marginally by 4.44%.
On consolidated basis, for the full year ended March 31, 2013, the company has posted a 3.47% rise in its net profit at Rs 537.44 crore under year under review as compared to Rs 519.43 crore in FY12. Total income has increased by 4.44% at Rs 1173.20 crore for year under review as compared to Rs 1123.28 crore for the period ended March 31, 2012.
