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 619.00 [3.20] ([0.51]%)
NSE 622.00 [0.70] ([0.11]%)

***Note: This is a NSE Chart

 

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