Gujarat Gas standalone net profit declines 53.77% in the March 2017 quarter

Sales rise 1.61% to Rs 1400.22 crore

Net profit of Gujarat Gas declined 53.77% to Rs 33.14 crore in the quarter ended March 2017 as against Rs 71.69 crore during the previous quarter ended March 2016. Sales rose 1.61% to Rs 1400.22 crore in the quarter ended March 2017 as against Rs 1378.07 crore during the previous quarter ended March 2016.

For the full year,net profit rose 16.55% to Rs 219.50 crore in the year ended March 2017 as against Rs 188.33 crore during the previous year ended March 2016. Sales declined 16.59% to Rs 5092.61 crore in the year ended March 2017 as against Rs 6105.58 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1400.221378.07 2 5092.616105.58 -17 OPM %10.4516.27 -14.6011.92 - PBDT105.86170.71 -38 560.66524.75 7 PBT41.52107.33 -61 303.33279.33 9 NP33.1471.69 -54 219.50188.33 17

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