Gujarat Gas Ltd's Q3FY25 Quarterly Results
- 06 Feb 2025
Result Summary
- Gujarat Gas Ltd reported a 14.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 11.1%.
- Its expenses for the quarter were up by 20.1% QoQ and 11.9% YoY.
- The net profit decreased 28.4% QoQ and increased -0.0% YoY.
- The earnings per share (EPS) of Gujarat Gas Ltd stood at 3.2 during Q3FY25.
Financial Statments for Q3FY25
Total Income | 4389.35 | 3820.30 | 3952.12 | 14.9% | 11.1% |
Total Expenses | 4090.79 | 3405.08 | 3655.69 | 20.1% | 11.9% |
Profit Before Tax | 298.56 | 415.22 | 296.43 | -28.1% | 0.7% |
Tax | 78.62 | 108.29 | 76.09 | -27.4% | 3.3% |
Profit After Tax | 220.99 | 308.74 | 221.02 | -28.4% | -0.0% |
Earnings Per Share | 3.20 | 4.50 | 3.20 | -28.9% | 0.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Gujarat Gas Ltd is a leading natural gas distribution company in India, primarily engaged in the transportation and distribution of natural gas. The company operates in the energy sector, focusing on providing clean energy solutions through its extensive pipeline network. Gujarat Gas Ltd serves a diverse customer base, including industrial, commercial, and residential segments, and plays a crucial role in supporting India's energy infrastructure. As of the latest available data, there are no specific major developments provided, so any recent changes in the company's operations or strategic initiatives are not included in this analysis.
Revenue
For the third quarter of fiscal year 2025 (Q3FY25), Gujarat Gas Ltd reported a total income of ₹4389.35 crores, reflecting a quarter-over-quarter (QoQ) increase of 14.9% from the previous quarter (Q2FY25), where the total income was ₹3820.30 crores. Compared to the same quarter in the previous year (Q3FY24), the total income increased by 11.1%, up from ₹3952.12 crores. This growth in revenue demonstrates the company's ability to expand its income base over both quarterly and yearly periods, indicating robust revenue-generating activities.
Profitability
In Q3FY25, Gujarat Gas Ltd recorded a profit before tax of ₹298.56 crores, which represents a significant decrease of 28.1% QoQ from ₹415.22 crores in Q2FY25. However, on a year-over-year (YoY) basis, the profit before tax showed a marginal increase of 0.7% from ₹296.43 crores in Q3FY24. The tax expense for the quarter was ₹78.62 crores, down 27.4% QoQ from ₹108.29 crores in Q2FY25, and up 3.3% YoY from ₹76.09 crores in Q3FY24. The profit after tax for the quarter was ₹220.99 crores, showing a QoQ decline of 28.4% from ₹308.74 crores in Q2FY25, and remaining relatively unchanged YoY from ₹221.02 crores in Q3FY24.
Operating Metrics
Earnings per share (EPS) for Gujarat Gas Ltd in Q3FY25 stood at ₹3.20, which is a decrease of 28.9% QoQ from ₹4.50 in Q2FY25, but unchanged YoY from ₹3.20 in Q3FY24. The total expenses for the quarter were ₹4090.79 crores, marking a significant rise of 20.1% QoQ from ₹3405.08 crores in Q2FY25, and an increase of 11.9% YoY from ₹3655.69 crores in Q3FY24. These figures highlight the company's cost management and operational efficiency during the quarter, with notable increases in expenses both quarterly and annually.