Gujarat State Petronet’s Q1 Net Rises 20 14 (29-Jul-2010)
Gujarat State Petronet (GSPL) has reported results for the quarter ended June 30, 2010.
GSPL’s net profit has surged by 30.58% to Rs 105.10 crore for the quarter ended June 30, 2010 as compared to Rs 80.49 crore for the quarter ended June 30,2009.
Its total income has grown by 20.14% to Rs 257.49 crore for the quarter under review as compared to Rs 214.33 crore for the previous year’s corresponding quarter.
GSPL is primarily developed to link various supply sources and users of natural gas in Gujarat through pipeline network. It is the only company In India to transmit natural gas for its clients without trading in it.
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