Gujarat State Petronet has reported results for the second quarter ended September 30, 2011.
The company’s net profit for the quarter has rose 41.28% at Rs 129.30 crore as compared to Rs 91.52 crore for the corresponding quarter of the previous year. The company’s total income has increased by 12.93% at Rs 295.07 crore for the second quarter of the current fiscal from Rs 261.28 crore for the corresponding quarter of the previous year.
Gujarat State Petronet is a subsidiary Gujarat State Petroleum Corporation (GSPC). It has the taken initiative in developing energy transportation infrastructure in Gujarat and connecting major natural gas supply sources and demand markets.
