Q4FY21 Company Update - Gujarat State Petronet - ICICI Direct

Gujarat State Petronet's (GSPL) operating revenue for Q4FY21 fell 21.9% YoY to Rs. 485 crore on account of decline in transmission volume. Gas transmission volumes dipped 8% YoY to 33.8 mmscmd mainly owing to reduced offtake from power and refineries sector. EBITDA came in at Rs. 344.2 crore, down 3.2% YoY as decline was limited due to lower other expenses. Subsequently, reported PAT was at Rs. 206.3 crore, down 8.6% YoY.

For details, click on the link below: Link to the report

Shares of GUJARAT STATE PETRONET LTD. was last trading in BSE at Rs.307.55 as compared to the previous close of Rs. 285.8. The total number of shares traded during the day was 447701 in over 8447 trades.

The stock hit an intraday high of Rs. 310.25 and intraday low of 290.6. The net turnover during the day was Rs. 134884530.

Source : Equity Bulls

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