Non-Electrical Utilities company Gujarat Gas announced Q4FY24 & FY24 results:
Q4FY24 Financial Highlights:
- Revenue from Operations: Rs 4,294 crore.
- Standalone Profit After Tax (PAT): Rs 410 crore.
- Increase in sales volumes: 9% to 9.69 mmscmd.
- Industrial sales volumes increased by 8% to 5.80 mmscmd.
- Standalone PAT for Q4 FY24: Rs 410 crore, an increase of 11% over the corresponding quarter previous year.
- New domestic customers added during the quarter: More than 50,800.
- New commercial customers added: 271.
- Commissioned 76 new industrial customers
- Volume of 2,79,000 scmd added due to commissioning of new industrial customers
FY24 Financial Highlights:
- Standalone PAT for FY24 at Rs 1,143 crore as compared to Standalone PAT for FY23 at Rs 1,525 crore.
- Company added close to 1,87,000 new domestic customers during FY24.
- As of 31st March 2024, the company has a signed volume of 7,70,000 scmd which will be commissioned in coming days.