Gujarat State Petronet's Q2 FY 2025-26 Quarterly Results

Result Summary

• Gujarat State Petronet Ltd reported a 2.0% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 1.3%.
• Its expenses for the quarter were up by 0.2% QoQ and 3.2% YoY.
• The net profit decreased 16.3% QoQ and decreased 8.1% YoY.
• The earnings per share (EPS) of Gujarat State Petronet Ltd stood at 4.62 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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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 State Petronet Ltd (GSPL) operates primarily in the natural gas transmission sector. It is engaged in the transmission of natural gas through its pipeline network, providing a critical energy infrastructure service in India. The company's pipeline network covers a significant portion of the state of Gujarat, which is a key industrial region in India. As a pivotal player in the energy sector, GSPL contributes to the distribution of natural gas, which is used for various applications including power generation, industrial use, and residential consumption. Recent developments about the company are not available from the provided data, and any additional information regarding current projects or strategic initiatives is not included.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Gujarat State Petronet Ltd reported a total income of ₹4,122.07 crores. This represents a slight decline of 2.0% quarter-over-quarter (QoQ) from ₹4,207.50 crores in Q1FY26. However, when compared to the same quarter in the previous fiscal year (Q2FY25), there is a year-over-year (YoY) increase of 1.3%, up from ₹4,067.75 crores. This indicates a modest growth in revenue compared to the prior year, despite a drop from the previous quarter.

Profitability

For Q2FY26, the company recorded a Profit Before Tax (PBT) of ₹538.81 crores, which is a decline of 14.6% from the previous quarter's PBT of ₹630.56 crores. Compared to Q2FY25, the PBT decreased by 9.5% from ₹595.06 crores. The Profit After Tax (PAT) for Q2FY26 was ₹389.03 crores, down 16.3% QoQ from ₹464.85 crores in Q1FY26 and 8.1% YoY from ₹423.17 crores in Q2FY25. The company's Earnings Per Share (EPS) also saw a reduction, standing at ₹4.62 in Q2FY26 compared to ₹5.58 in Q1FY26 and ₹4.99 in Q2FY25, marking declines of 17.2% QoQ and 7.4% YoY.

Operating Metrics

Gujarat State Petronet Ltd's total expenses for Q2FY26 amounted to ₹3,583.26 crores, which is a marginal increase of 0.2% from ₹3,576.95 crores in Q1FY26. Compared to Q2FY25, there is a 3.2% increase from ₹3,472.69 crores. The tax expense for the current quarter was ₹138.01 crores, decreasing by 14.4% from the preceding quarter's tax expense of ₹161.29 crores, and down 10.2% from ₹153.61 crores in the same quarter of the previous year. This financial performance reflects the company's current operational cost dynamics and tax liabilities.