Gujarat Gas Q3 Results: Natural Gas Distributor Gujarat Gas Limited has announced the results of the third quarter of FY25 on 5 February today. The company’s net profit flat stood at Rs 221 crore in the October-December quarter. The company’s shares saw a rise of 2.33 per cent today and this stock has closed at Rs 478.25 on BSE. With this speed, the company’s market cap increased to Rs 32,922.26 crore. The stock of the stock is Rs 689.45 and 52-Veik is Rs 442.80.
How to result in the results of Gujarat Gas?
In the December quarter, the revenue of Gujarat Gas Limited increased by 5.7 percent to ₹ 4,152.9 crore on an annual basis. The figure was ₹ 3939 crore in the same quarter of last year. The Ebitda declined by 5.1% during the quarter and declined to ₹ 380.4 crore, while the margin declined from 10.2% to 9.2% in a year ago, which shows the Higher Cost.
Gujarat Gas, one of the country’s largest city gas distribution (CGD) companies, recorded its highest CNG volume at 3.12 MMSCMD in Q3 FY25, which is 12% more annually. The total sales volume was 9.47 mmscmd, which was 9.16 mmscmd in the same quarter of last year.
The industrial sales volume was 5.46 mmscmd compared to 5.53 mmscmd a year ago. The domestic PNG volume increased from 0.71 mmscmd to 0.74 MMSCMD, while commercial PNG sales reached 0.15 MMSCMD. During the quarter, the company launched over 38200 new domestic customers adding and five new CNG stations. In addition, it increased 1,72,000 SCMD in industrial volume. Gujarat gas is also carrying forward its FDODO model to speed up development in future.