News & Updates
Press Release – Gujarat Gas announces Q3 FY 2024-25 results
The Company registered Revenue from Operations of Rs. 4,333 Crore during the quarter ended on 31st December 2024 as against Rs. 4,084 Crore for quarter ended on 31st December 2023 i.e. increase of 6%. EBIDTA for the current quarter is Rs. 439 Crore as compared to Rs. 424 Crore in the Q3 FY 2024. The Standalone Profit Before Tax (PBT) for the quarter ended on 31st December 2024 is Rs 300 Crore as compared to Rs 296 Crore for quarter ended on 31st December 2023 i.e. increase of 1%.
Press Release – Gujarat Gas announces Q2 FY 2024-25 results
The Company registered Revenue from Operations of Rs. 3,949 Crore during the quarter ended on 30th September 2024 as against Rs. 3,991 Crore for the corresponding quarter previous year. The Standalone Profit After Tax (PAT) for the quarter ended on 30th September 2024 is Rs. 307 Crore as compared to Rs. 298 Crore for in the corresponding quarter previous year i.e. increase of 3%. The EBIDTA for the current quarter is Rs. 553 Crore as compared to Rs. 526 Crore in the Q2 FY 2024 i.e increase of 5%.
Press Release – Gujarat Gas announces Q1 FY 2024-25 results
The Company registered Revenue from Operations of Rs. 4,615 Crore during the quarter ended on 30th June 2024 as against Rs. 3,924 Crore for quarter ended on 30th June 2023. The Standalone Profit After Tax (PAT) for the quarter ended on 30th June 2024 is Rs 330 Crore as compared to Rs 215 Crore for quarter ended on 30th June 2023. Reduction in spot gas prices and increase in volumes led to increase in profits in Q1 FY25 compared to Q1 FY24.
Press Release – Gujarat Gas announces Q4 FY & FY 24 Results
The Company registered Revenue from Operations of Rs. 4,294 Crore during the quarter ended on 31% March 2024 as against Rs. 4,084 Crore for quarter ended on 31st December 2023. The Standalone Profit After Tax (PAT) for the quarter ended on 31 March 2024 is Rs 410 Crore as compared to Rs 220 Crore for quarter ended on 31%! December 2023. Reduction in spot gas prices and increase in volumes led to increase in profits.
Press Release – Gujarat Gas Limited (GGL) offering an Industry first alternate fuel price linked gas pricing
Gujarat Gas Limited (GGL), the largest City Gas Distribution (CGD) Company in India, has always pioneered in providing customer centric solutions over the past 3 decades. Through the innovative solutions, GGL has led from the forefront in making “Natural Gas a preferred fuel for Industrial use”
Press Release – Gujarat Gas Limited invites Expression of Interest (EoI)
Gujarat Gas Limited (GGL), the largest City Gas Distribution (CGD) Company in India, is making rapid strides in the CGD areas by launching an aggressive customer centric campaign. GGL has comprehensively transformed its strategy for industrial segment, with a customer centric vision focusing on customer convenience, awareness, faster response and automation of all processes so as to further penetrate the existing market and get customers on board. With a focus on sustainability, GGL strives to be a key player in the energy transition, contributing to a greener and more sustainable future
Press Release – Gujarat Gas Limited and Bharat Petroleum Corporation Limited sign MoU
In a landmark move aimed at enhancing the accessibility and range of energy solutions for consumers Gujarat Gas Limited (GGL) and Bharat Petroleum Corporation Limited (BPCL) have entered into a Memorandum of Understanding (MOU). This strategic partnership marks a significant milestone in the energy sector, bringing together two leading entities to offer a comprehensive suite of products and services to customers across the state.
Press Note - FDODO Scheme Success
The Board of Directors at Gujarat Gas Limited (GGL) concluded a highly productive meeting on 13th February 2024, where they commended the success of the recently launched "FDODO" scheme for new CNG Stations. The scheme has received massive response, with over 700 online applications submitted by the enthusiastic potential partners.
Press Release - 3rd Qtr Dec. 2023
The Company registered Revenue from Operations of Rs. 4,084 Crore during the quarter ended on 31 st December 2023 as against Rs. 3,991 Crore for quarter ended on 30th September 2023. The Standalone Profit After Tax (PAT) for the current quarter is Rs 220 Crore as compared to Rs 298 Crore for quarter ended on 30th September 2023.
Press Release - 2nd Qtr Sept 2023
The company registered Revenue from Operations of Rs. 3,991 Crore during the quater ended on 30th september 2023 as against Rs. 3,924 Crore for quarter ended on 30th June 2023. The Standalone Profit After Tax (PAT) for the current quarter is Rs 298 Crore as compared to Rs 215 Crore for quarter ended on 30th June 2023, which is an increase of 38%.
Press Release - 1st Qtr June 2023
The Company registered overall Revenue from Operations of Rs. 3,924 Crore during the quarter ended on 30th June 2023 as against Rs. 5,303 Crore for the corresponding quarter previous year. The reduction in Revenue from Operations mainly reflects lower selling prices. The Standalone Profit After Tax (PAT) for the current quarter is Rs 215 Crore as compared to Rs 381 Crore in the corresponding quarter previous year.
Streaming Efficiencies
Under Sanjeev Kumar's leadership, Gujarat Gas, the country's largest city gas distributor, has also become a study in successful reverse privatisation
Full Throttle
State PSU Gujarat Gas made the most out of pipeline network in its home state and rising demand from industrial consumers.