Gujarat Gas , a prominent player in the Indian natural gas distribution sector, has announced its financial results for the quarter and half year ended September 30, 2025, revealing a significant decline in profits.

Revenue and Profit Analysis

Gujarat Gas reported a standalone quarterly net profit of ₹281.01 crores for Q2, marking a substantial 36% decrease from ₹439.87 crores in the same quarter of the previous year. The company's total income for Q2 stood at ₹4,052.02 crores, slightly down from ₹4,124.77 crores in Q2 of the previous year.

Half-Year Performance

For the half year ended September 30, 2025, Gujarat Gas reported a standalone net profit of ₹609.77 crores, compared to ₹817.80 crores in the corresponding period of the previous year.

Consolidated Results

On a consolidated basis, the Q2 net profit mirrored the standalone figures, coming in at ₹281.01 crores versus ₹439.87 crores in the same quarter last year.

Key Financial Metrics

Here's a summary of Gujarat Gas's key financial metrics for the quarter:

Market Challenges

The significant decrease in net profit suggests that Gujarat Gas is facing substantial challenges in the current market environment. These challenges may be attributed to various factors such as fluctuations in gas prices, changes in demand patterns, or increased operational costs.

Despite the profit decline, the company's ability to maintain its revenue levels with only a marginal year-on-year decline indicates some resilience in its market position and customer base.

Corporate Governance

The Board of Directors approved these unaudited financial results in a meeting held on November 10, 2025. The company continues to operate primarily in the Natural Gas Business segment.

As Gujarat Gas navigates through these challenging times, its ability to maintain its revenue stream while facing profit pressures will be crucial in the coming quarters.

Gujarat Gas Limited, a Government of Gujarat undertaking, has announced a significant change in its leadership. The company has appointed Shri Manoj Kumar Das, IAS, as Additional Director Chairman on its Board of Directors, effective November 2, 2025.

Key Details of the Appointment

Professional Background of Shri Manoj Kumar Das

Shri Manoj Kumar Das brings a wealth of experience to his new role at Gujarat Gas Limited:

• Senior IAS Officer of the 1990 batch
• B.Tech in Computer Science from IIT-Kharagpur
• Specializations in Revenue administration, Urban Management & Civic Issues, Law & Order, and Disaster Management
• Previously served as Additional Chief Secretary to the Chief Minister of Gujarat

Career Highlights

Shri Das has held several key positions throughout his career:

• District Development Officer, Junagadh
• District Collector in Porbandar, Palanpur & Surat
• Deputy Municipal Commissioner, Ahmedabad
• Municipal Commissioner in Surat & Vadodara
• District (J&K Affairs), Home Ministry, Government of India
• Principal Secretary in Industries and Mines Department, Food, Civil Supplies & Consumer Affairs Department

His appointment follows the resignation of Shri Pankaj Joshi, IAS (Retd.), who stepped down as Director & Chairman due to superannuation, effective November 1, 2025.

Regulatory Compliance

Gujarat Gas Limited has confirmed that Shri Manoj Kumar Das is not debarred from holding the office of director by virtue of any SEBI order or any other such authority. The company has made this appointment in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board of Directors at Gujarat Gas Limited has approved this appointment, signaling a new chapter in the company's leadership. With his extensive experience in various administrative roles, Shri Manoj Kumar Das is expected to bring valuable insights to his new position as Additional Director Chairman.