Gujarat Gas Limited has reported financial results for the period ended June 30, 2021.
Financial Results (Q1 FY 2021-22) - QoQ Comparison
The company has reported total income of Rs.3087.21 crores during the period ended June 30, 2021 as compared to Rs.3508.14 crores during the period ended March 31, 2021.
The company has posted net profit / (loss) of Rs.476.69 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.350.86 crores for the period ended March 31, 2021.
The company has reported EPS of Rs.6.92 for the period ended June 30, 2021 as compared to Rs.5.10 for the period ended March 31, 2021.
|
Total Income | ₹ 3087.21 crs | ₹ 3508.14 crs | -12% |
Net Profit | ₹ 476.69 crs | ₹ 350.86 crs | 35.86% |
EPS | ₹ 6.92 | ₹ 5.10 | 35.69% |
Financial Results (Q1 FY 2021-22) - YoY ComparisonThe company has reported total income of Rs.3087.21 crores during the period ended June 30, 2021 as compared to Rs.1122.28 crores during the period ended June 30, 2020.
The company has posted net profit / (loss) of Rs.476.69 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.59.07 crores for the period ended June 30, 2020.
The company has reported EPS of Rs.6.92 for the period ended June 30, 2021 as compared to Rs.0.86 for the period ended June 30, 2020.
|
Total Income | ₹ 3087.21 crs | ₹ 1122.28 crs | 175.08% |
Net Profit | ₹ 476.69 crs | ₹ 59.07 crs | 706.99% |
EPS | ₹ 6.92 | ₹ 0.86 | 704.65% |
In addition to commencement of supply of 0.67 mmscmd (DCQ) gas from block KG-DWN-9813 (KG D6) during quarter ended on 3lSt March, 2021, during the April to June quarter, the company's domestic gas portfolio received further boost with commencement of 1.33 mmscmd (DCQ) gas supply from the recently auctioned RJ-ON-90/1 Block of Barmer field in Rajasthan under the gas purchase agreement with one of the upstream suppliers.
The Company currently has a comfortable liquidity position and has partly prepaid term loan to the extent of Rs. 170 Crore during the quarter.
Shares of Gujarat Gas Limited was last trading in BSE at Rs. 772.25 as compared to the previous close of Rs. 770.45. The total number of shares traded during the day was 216516 in over 6654 trades.
The stock hit an intraday high of Rs. 782.8 and intraday low of 759.8. The net turnover during the day was Rs. 167491050.
Source : Equity Bulls
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