neutral
Recently
Gujarat Gas reports margin expansion alongside profit growth
Gujarat Gas strengthened earnings in Q3 as margins expanded sharply, aided by higher volumes, pricing discipline, and cost efficiencies despite energy market volatility.
Gujarat Gas posted a solid December quarter as net profit increased 21 percent on year, supported by improved operating performance. Revenue reached ₹4,157 crore, while EBITDA margins expanded sharply to 13.5 percent, rising 65 percent year on year. Higher gas volumes, favorable pricing, and tighter cost controls helped the city gas distributor improve the profitability despite volatility in the global energy prices.