Gujarat Gas Q1FY24 Results: Consolidated PAT Down to Rs. 215.95 Cr

Gujarat Gas Q1FY24 Results: Consolidated PAT Down to Rs. 215.95 Cr

Gujarat Gas Q1 results show revenue fell from 4105.61 crores to 3947.55 crores, a -3.85% decrease in growth. EPS rise from ₹5.38 to ₹3.14, down by -41.64%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Gujarat Gas shared its Q1 results on Wednesday. They earned 3947.55 crores in revenue this quarter, but that’s less than the 4105.61 crores they made last quarter. Unfortunately, the company’s growth decreased by -3.85 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 215.95 crores, down from 370.50 crores in the previous quarter. Their quarter-to-quarter growth decreased by -41.71 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹3.14, which is a decrease of -41.64% from the ₹5.38 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 3947.55 crores this year (2023), which is -25.83 percent lower than last year’s total revenue of 5322.23 crores.

This year’s PAT (Profit After Tax) is 215.95 crores, which is also -43.45% lower than last year’s PAT of 381.90 crores.

The EPS (Earnings Per Share) for this year is ₹3.14, which is -43.42% less than the EPS of ₹5.55 earned last year.

Also Read: Aditya Birla Capital Q1FY24 Results: Consolidated PAT of Rs. 648.76 Cr

Gujarat Gas Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About Gujarat Gas:

Gujarat Gas Company Limited is engaged in the distribution of natural gas and operates two LPG bottling plants. Furthermore, the company has a subsidiary that offers financial services.

Download the Full PDF of Gujarat Gas Q1 Results: Click Here

For more of the Latest News, Click Here

Leave a Reply

Your email address will not be published. Required fields are marked *