Gujarat Gas Limited has reported 29.86 per cent decrease in net profit in the fourth quarter of financial year (FY) 2024-25. The net profit during the quarter stood at Rs 2.87 billion as against Rs 4.1 billion profit in the fourth quarter of FY 2023-24.
The revenue from operations witnessed 0.11 per cent decrease from Rs 42.93 billion to Rs 42.88 billion during the period under consideration.
Gujarat Gas is one of the country’s largest city gas distribution (CGD) companies operating in 44 districts in 6 states of Gujarat, Maharashtra, Rajasthan, Haryana, Punjab and Madhya Pradesh and union territory of Dadra & Nagar Haveli.