GSPL Q2 net down 16.8% to Rs 91 cr
Gujarat State Petronet Ltd (GSPL), the state owned gas supplier, today reported a decline of 16.84 per cent in its net profit for the second quarter ended September 30, 2010, at Rs 91.51 crore.
The company had posted a net profit of Rs 110.05 crore in July-September quarter last year, GSPL said in a filing to the Bombay Stock Exchange (BSE).
The net sales of the company also fell to Rs 252.97 crore from Rs 254.76 crore in the corresponding quarter in the last financial year.