Gujarat Gas Q4 consolidated net up 28% to Rs 444 crore, income up 36%

For whole of FY22, the firm's consolidated net profit rise by only 1% to Rs 1287.37 crore

Leading city gas distribution (CGD) company Gujarat Gas Limited (GGL) registered a 28 per cent growth in its consolidated net profit for the fourth quarter ended March 31, 2022 on a year-on-year (YoY) basis.

The company posted a consolidated net profit of Rs 444.39 crore for Q4 of FY22 as against Rs 348.29 crore for Q4 of FY21. Total consolidated income, on the other hand, grew by 36 per cent YoY to stand at Rs 4,791.04 crore in Q4 of FY22 as compared to Rs 3,513.94 crore in Q4 of FY'21.

For the full financial year, Gujarat Gas saw its