Gujarat State Petronet has reported results for third quarter ended December 31, 2013.
The company has reported 26.60% fall in its net profit at Rs 87.34 crore for the quarter, as compared to Rs 118.99 crore for the same quarter in the previous year. Total income of the company decreased by 8.67% at Rs 259.00 crore for quarter under review as compared to Rs 283.58 crore for the quarter ended December 31, 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.