Q4FY17 result : Gujarat State Petronet

Gujarat State Petronet Ltd. reported its results for the quarter ended March 31, 2017 today.

The company's total sales for Q4FY17 came in at Rs 244.62 crore, which represents 8.31 per cent sequential decline and 5.47 per cent YoY increase.

Its operating profit (EBIT) for the quarter was Rs 155.28 crore and its EBIT margin stood at 63.48 per cent.

The company reported PAT of Rs 126.98 crore, which represents a sequential QoQ increase of 7.11 per cent and a YoY increase of 27.68 per cent.

During FY17, the company's revenue increase 3.6 per cent YoY to Rs 1028 crore and its EBITDA rose 2.6 per cent YoY to Rs 888 crore. Also, the company’s net profit surged 11.5 per cent YoY to Rs.497 crore.

Gujarat State Petronet develops energy transportation infrastructure and connecting natural gas supply basins and LNG terminals to growing markets.