GSPL jumps as Q3 PAT climbs 53% YoY to Rs 262 cr
Mumbai, Feb. 15 -- Revenue from gas transportation was Rs 533.31 crore (up 33.69% YoY) while that from electricity sales was Rs 4.14 crore (up 18.97% YoY) and revenue from gas sales was at Rs 16.80 crore during the quarter.
Profit before tax during the quarter stood at Rs 350.64 crore, registering a growth of 50.59% on YoY basis.
The company's Q3 transmission volume was 29.02 mmscmd (million metric standard cubic metres per day), up 29.9% YoY.
Total expenses spiked 23.22% YoY to Rs 224.88 crore in Q3 FY24 over Q3 FY23. Gas transmission expense was Rs 98.74 crore (up 82.78% YoY) while employee benefits expenses was at Rs 20.59 crore (down 19.82% YoY).
On a consolidated basis, the company's net profit declined 7.69% to Rs 486.11 crore o...
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