Gujarat Gas Ltd's Q2FY17 standalone net profit rises 157.1% yoy to Rs 72 cr

India Infoline Research Team | November 18, 2016 19:10 IST

Gujarat Gas Company Ltd Q2FY17

Standalone Results Q2FY17: (Rs. in crore)

Q2FY17 YoY (%)
Revenue 1,274 [20.7]
EDITDA 213 44.9
EBITDA Margin (%) 16.7 757
Net Profit (adjusted) 72 157.1
***EBITDA margin change is bps



Gujarat Gas Ltd posted net revenue decline for the quarter by 20.7% yoy to Rs 1274.

The EBITDA grew by 44.9% yoy to Rs 213 cr due to lower cost of natural gas. The EBITDA margin grew by 757 bps and stood at 16.7% in Q2FY17 against 9.15% of previous quarter.

The net profit grew by 157.1% yoy to Rs 72 cr against Rs 28 cr of last year due to lower cost of natural gas and lower finance costs.

BSE 538.45 3.65 (0.68%)
NSE 537.75 2.75 (0.51%)

***Note: This is a NSE Chart

 

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