Gujarat State Petro Ltd Q4 net up 48 pc to Rs 99.7 cr

Gujarat State Petronet Ltd today reported a 48 per cent rise in net profit to Rs 99.7 crore for the March quarter.

The company had posted a net profit of Rs 67.09 crore in January-March quarter of the previous fiscal, it said in a filing to the stock exchanges.

Total income has decreased from Rs 250.26 crore for the quarter ended March 31, 2015 to Rs 244.98 crore in fourth quarter of 2015-16 fiscal.

The company board declared a dividend of Rs 1.5 per share (15 per cent) for 2015-16 fiscal.