Gujarat Gas Limited has witnessed 4.21 per cent increase in net profit in the second quarter of financial year (FY) 2024-25. The net profit during the quarter stood at Rs 3.08 billion as against Rs 2.96 billion profit in the second quarter of FY 2023-24.
The revenue from operations recorded 1.06 per cent decrease from Rs 39.91 billion to Rs 39.48 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.