Latest news with #GujaratGas
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Business Standard
20-05-2025
- Business
- Business Standard
Gujarat Gas shares rise 6% after Q4 profit jump; key highlights here
Shares of Gujarat Gas Ltd. rose nearly 6 per cent in Tuesday's intraday session, after it reported a 29 per cent sequential jump in its profit for the fourth quarter of the previous financial year (Q4FY25). Gujarat Gas stock rose as much as 5.96 per cent during the day to ₹495 per share, the biggest intraday gain since April 11 this year. The stock pared gains to trade 0.05 per cent higher at ₹466 apiece, compared to a 0.2 per cent decline in Nifty 50 as of 11:25 AM. Shares of the company snapped three day fall on Tuesday and have recovered over 25 per cent from their March lows. The counter has fallen 7 per cent this year, compared to a 5 per cent advance in the benchmark Nifty 50. Gujarat Gas has a total market capitalisation of ₹31,906.88 crore, according to BSE data. Gujarat Gas Q4FY25 results Net profit of Gujarat Gas rose 29.87 per cent to ₹287 crore in the quarter ended March 2025, as against ₹222 crore during the third quarter of FY25. Revenue from operations declined 1 per cent to ₹4,102.01 crore in the quarter ended March 2025, compared to ₹4,152 crore during the December quarter. The company's Earnings before interest, taxes, depreciation and amortisation (Ebitda) rose 19 per cent sequentially to ₹450 crore from ₹379 crore. The Ebitda margin expanded to 11 per cent, up from 9.1 per cent in the December quarter. Industrial sales volumes dropped to 5.03 million metric standard cubic metres per day (mmscmd) for the quarter ended March 2025, compared to 5.80 mmscmd in the same quarter of the previous year. Meanwhile, Domestic sales volumes increased to 0.89 mmscmd from 0.85 mmscmd. About Gujarat Gas The company is India's largest city gas distribution player with presence spread across 44 districts in the State of Gujarat and Union Territory of Dadra Nagar Haveli and Thane GA which includes Palghar district of Maharashtra. The company has around 39370 km of natural gas pipeline network. It has 808 CNG stations with over 21 lakhs households and over 4390 industrial customers.
Business Standard
20-05-2025
- Business
- Business Standard
Gujarat Gas consolidated net profit declines 29.87% in the March 2025 quarter
Sales decline 0.78% to Rs 4102.01 crore Net profit of Gujarat Gas declined 29.87% to Rs 287.88 crore in the quarter ended March 2025 as against Rs 410.48 crore during the previous quarter ended March 2024. Sales declined 0.78% to Rs 4102.01 crore in the quarter ended March 2025 as against Rs 4134.18 crore during the previous quarter ended March 2024. For the full year,net profit rose 0.40% to Rs 1148.32 crore in the year ended March 2025 as against Rs 1143.70 crore during the previous year ended March 2024. Sales rose 5.08% to Rs 16486.95 crore in the year ended March 2025 as against Rs 15690.19 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 4102.014134.18 -1 16486.9515690.19 5 OPM % 10.9614.30 - 11.4011.96 - PBDT 517.12616.16 -16 2060.051955.75 5 PBT 388.54494.96 -22 1549.411481.45 5 NP 287.88410.48 -30 1148.321143.70 0
Business Upturn
18-05-2025
- Business
- Business Upturn
Top Q4 results next week: Bharat Electronics, Gujarat Gas, JK Cement, JSW Steel, CONCOR and more
By Aman Shukla Published on May 18, 2025, 12:36 IST The Indian stock market ended the previous week on a strong note, reflecting investor optimism amid ongoing earnings season. The Nifty 50 recorded a weekly gain of 1.73 percent, closing at 25,019 points on Friday. Meanwhile, the BSE Sensex also moved higher, posting a 0.64 percent gain to settle at 82,330 points. In the coming week, market attention will shift to the quarterly earnings announcements from several notable companies across various sectors. These Q4 FY24 results will be crucial in shaping market sentiment. Key Q4 Earnings Announcements: 19th to 24th May 2025 19 May 2025 Monday will see quarterly reports from Bharat Electronics Ltd (BEL), Gujarat Gas, HEG, Diamines & Chemicals, Kaveri Seed Company, and Geekay Wires. 20 May 2025 On Tuesday, Hindalco Industries' results will be closely watched, alongside announcements from GSFC, JCHAC, Nippo Batteries, DVL, GPIL, Patintlog, Emami Paper, and OnMobile. 21 May 2025 Colgate-Palmolive (India), TeamLease Services, and Hybrid Financial Services are scheduled to announce their Q4 results on Wednesday. Colgate's performance may provide cues on rural demand and consumer staples, while TeamLease's update could reflect the prevailing labor market conditions in the formal staffing segment. 22 May 2025 Thursday will feature earnings reports from CONCOR, GSPL, Orient Paper, BSL, NGL Fine-Chem, Sandhar Technologies, Clean Science & Technology, and Manba Finance. 23 May 2025 Friday brings a mix of large and midcap companies, including JSW Steel, GNFC, Gangotri Textiles, Mindteck, AIA Engineering, and Lux Industries. 24 May 2025 The week concludes with results from JK Cement, Indigo Paints, and Pakka on Saturday. Disclaimer: This article is for informational purposes only. It is not intended to be investment advice or a recommendation to buy or sell any stock. Readers are advised to consult their financial advisor before making any investment decisions. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
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Business Standard
06-05-2025
- Business
- Business Standard
Mahanagar Gas Q4 results: Profit dips 4.8% on rising costs, higher volumes
Indian city gas distributor Mahanagar Gas posted a 4.8 per cent fall in quarterly profit on Tuesday, as expenses cut into steady growth in volumes. The state-backed natural gas distributor reported a profit after tax of 2.52 billion rupees ($29.9 million) for the quarter ended March 31, down from 2.65 billion a year earlier. Revenue from operations grew 18.6 per cent to 20.39 billion, while total expenses rose 24.2 per cent. KEY CONTEXT Indian city gas companies like Mahanagar Gas, Indraprastha Gas and Gujarat Gas have been facing earnings pressure for the last couple of quarters due to reduced supply of cheaper, government-regulated APM (Administered Price Mechanism) gas. This has forced them to buy more expensive gas from the open market, squeezing their profit margins. Mahanagar Gas, however, posted a 12.3 per cent rise in total sales volumes, driven primarily by strong growth in its compressed natural gas segment. Peer Indraprastha Gas reported a 9 per cent fall in its quarterly profit from a year ago, hurt by higher expenses.
