Archive · 2 Jun 2025
Gujarat State Petronet Q4 Net Profit Plunges 54%
Gujarat State Petronet (GSPL), a gas company, had a tough quarter.
Their profit dropped significantly, by over half, compared to last year.
Revenue also decreased slightly.
This means the company made less money overall.
They are giving some of their profit back to shareholders as a dividend.
The company's stock price also decreased slightly after the report.
Gujarat State Petronet's net profit for Q4FY24 decreased by 53.6% YoY.
Revenue from operations fell 4.6% in Q4.
EBITDA tanked 40.8% YoY.
The EBITDA margin shrank by 800 basis points.
The board recommended a dividend of ₹5 per share.
- Who
- Gujarat State Petronet Ltd (GSPL)
- What
- GSPL's net profit and revenue decreased in Q4.
- When
- January-March (Q4 FY24)
- Where
- India
- Why
- Specific reasons not provided in article.
- Net Profit (Q4FY24)
- ₹220.3 crore
- YoY Net Profit Decrease
- 53.6%
- Revenue from Operations (Q4)
- ₹4,477.5 crore
- YoY Revenue Decrease
- 4.6%
- Dividend per Share
- ₹5
- EBITDA Margin Shrink
- 800 basis points
