Gujarat Gas Reports Q3 Net Profit of ₹2.65 Billion, Down 5.69% Quarter-on-Quarter
Gujarat Gas reported a third quarter net profit of ₹2.65 billion, representing a 5.69% decline from the previous quarter's ₹2.81 billion. The sequential decrease of ₹0.16 billion indicates a moderation in the company's earnings performance during the reporting period.

*this image is generated using AI for illustrative purposes only.
Gujarat Gas has reported its third quarter financial performance, showing a sequential decline in net profitability. The natural gas distribution company's latest results reflect changing market dynamics during the reporting period.
Financial Performance Overview
The company's third quarter net profit stood at ₹2.65 billion, marking a decrease from the previous quarter's performance of ₹2.81 billion. This represents a sequential decline in earnings for the gas distribution major.
| Financial Metric: | Q3 Results | Previous Quarter | Change || | ---: | :--- | :--- | :--- | | Net Profit: | ₹2.65 billion | ₹2.81 billion | -₹0.16 billion | | Percentage Change: | - | - | -5.69% |
Quarter-on-Quarter Analysis
The quarter-on-quarter comparison reveals a moderation in Gujarat Gas's profitability during the third quarter. The ₹0.16 billion decrease in net profit translates to a 5.69% sequential decline, indicating softer earnings performance compared to the immediately preceding quarter.
This sequential decline in profitability suggests that the company faced certain operational or market-related challenges during the third quarter period. The quarter-on-quarter metric provides insight into the company's recent operational trajectory and financial momentum.
Key Financial Highlights
The third quarter results showcase the following key aspects of Gujarat Gas's financial performance:
- Net profit of ₹2.65 billion for the reporting quarter
- Sequential decrease of 5.69% from previous quarter levels
- Absolute decline of ₹0.16 billion in quarterly earnings
The reported figures reflect the company's financial position during the third quarter, with the quarter-on-quarter comparison providing context for recent performance trends in the natural gas distribution sector.
Historical Stock Returns for Gujarat Gas
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.95% | -5.35% | -0.15% | -16.26% | -21.07% | +7.03% |













































