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Gujarat State Petronet reports marginal rise in Q1 net profit

14 Aug 2013 Evaluate

Gujarat State Petronet (GSPL) has reported results for first quarter ended June 30, 2013.

The company has reported 1.14% rise in its net profit after tax at Rs 126.27 crore for the quarter as compared to Rs 124.85 crore for the same quarter in the previous year. Total income from operations of the company has increased by 8.68% at Rs 309.91 crore for quarter under review as compared to Rs 285.16 crore for the quarter ended June 30, 2012.

Gujarat State Petronet is a subsidiary Gujarat State Petroleum Corporation (GSPC). It has taken initiative in developing energy transportation infrastructure in Gujarat and connecting major natural gas supply sources and demand markets.

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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