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07-Aug-2024

Gujarat Gas

Higher volumes


'Consolidated net sales (including other operating income) of Gujarat Gas has increased 17.69% to Rs 4450.3 crore. 

Operating profit margin has jumped from 10.26% to 12.04%, leading to 38.05% rise in operating profit to Rs 535.64 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 81.83% to 80.65%.   Employee cost decreased from 1.37% to 1.10%.   Other expenses fell from 6.54% to 6.23%.  

Other income rose 61.64% to Rs 38.55 crore.  PBIDT rose 39.42% to Rs 574.19 crore.  Provision for interest rose 5.69% to Rs 7.8 crore. 

PBDT rose 40.03% to Rs 566.39 crore.  Provision for depreciation rose 6.93% to Rs 123.09 crore. 

Profit before tax grew 53.20% to Rs 443.30 crore.  Share of profit/loss was 8.14...



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