Bigul

Q2FY24 Quarterly Result Announced for Gujarat Gas Ltd.

Non-electrical Utilities company Gujarat Gas announced Q2FY24 results: Revenue from Operations of Rs 3,991 crore for Q2FY24 compared to Rs 3,924 crore for Q2FY23. Standalone Profit After Tax (PAT) for Q2FY24 is Rs 298 crore, showing a significant increase of 38% compared to Rs 215 crore in Q2FY23. The company witnessed a 22% increase in sales volumes, reaching 9.32 mmscmd for Q2FY24, compared to 7.62 mmscmd for Q2FY23. For Q2FY24, Gujarat Gas recorded industrial sales volumes of 5.86 mmscmd, reflecting a growth of 31% compared to 4.47 mmscmd in Q2FY23. The company achieved an average CNG sales volume of 2.62 mmscmd for Q2FY24 marking a growth of 13% compared to Q2FY23. Gujarat Gas added approximately 53,000 new domestic customers, and 221 commercial customers, and commissioned 61 new industrial customers during the second quarter. As of September 30, 2023, the company has a signed volume of 5,42,000 scmd (standard cubic meters per day) yet to be commissioned. Gujarat Gas has undertaken major digitization initiatives across various business processes, including PNG & CNG services, LNG tanker operations, billing, collection, vendor invoice submission, and e-filing. Result PDF
03-11-2023

Gujarat Gas Q2: Net profit declines 27% YoY to Rs 296 crore; stock trades in green

Gujarat Gas stock has lost 13.59 percent of its value over the last six months. The benchmark Nifty50 index has given a return of 5.24 percent over the same duration.
03-11-2023

Gujarat Gas Company Share Price Live blog for 03 Nov 2023

Gujarat Gas Company stock price went up today, 03 Nov 2023, by 0.85 %. The stock closed at 404.95 per share. The stock is currently trading at 408.4 per share. Investors should monitor Gujarat Gas Company stock price closely in the coming days and weeks to see how it reacts to the news.
03-11-2023
Bigul

Gujarat Gas Ltd - 539336 - Results For Quarter Ended On 30/09/2023

Financials Results for Quarter ended on 30/09/2023
02-11-2023

Gujarat Gas Company Share Price Live blog for 02 Nov 2023

Gujarat Gas Company stock price went down today, 02 Nov 2023, by -1.2 %. The stock closed at 409.85 per share. The stock is currently trading at 404.95 per share. Investors should monitor Gujarat Gas Company stock price closely in the coming days and weeks to see how it reacts to the news.
02-11-2023

Gujarat Gas Company Share Price Live blog for 31 Oct 2023

Gujarat Gas Company stock price went down today, 31 Oct 2023, by -1.02 %. The stock closed at 410.8 per share. The stock is currently trading at 406.6 per share. Investors should monitor Gujarat Gas Company stock price closely in the coming days and weeks to see how it reacts to the news.
31-10-2023
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