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Gujarat Industries Power Co standalone net profit rises 36.72% in the December 2023 quarter

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Sales decline 6.09% to Rs 353.56 crore

Net profit of Gujarat Industries Power Co rose 36.72% to Rs 46.62 crore in the quarter ended December 2023 as against Rs 34.10 crore during the previous quarter ended December 2022. Sales declined 6.09% to Rs 353.56 crore in the quarter ended December 2023 as against Rs 376.47 crore during the previous quarter ended December 2022. ParticularsQuarter EndedDec. 2023Dec. 2022% Var.Sales353.56376.47 -6 OPM %26.7421.88 -PBDT101.0691.35 11 PBT58.7249.25 19 NP46.6234.10 37

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First Published: Feb 08 2024 | 7:25 AM IST

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