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Gujarat State Petronet reports 14% fall in Q2 net profit

14 Nov 2013 Evaluate

Gujarat State Petronet has reported results for second quarter ended September 30, 2013.

The company has reported a fall of 14.11% in its net profit at Rs 114.06 crore for the quarter ended September 30, 2013 as compared to Rs 132.80 crore for the same quarter in the previous year. Total income of the company decreased marginally by 1.60% at Rs 291.03 crore for quarter under review as compared to Rs 295.77 crore for the quarter ended September 30, 2012

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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