Southern Gas Limited Reports 4.85% Revenue Growth and 72% EPS Jump in Q1

Southern Gas Limited , a prominent player in the industrial gas sector, has announced its financial results for the first quarter, showcasing robust growth in revenue and earnings per share.

Financial Highlights

The company reported a total income from operations of Rs 876.00 lakhs for Q1, marking a 4.85% increase from Rs 835.49 lakhs in the corresponding quarter of the previous year. This growth in revenue underscores the company's resilience and market strength.

Southern Gas Limited's profitability also saw significant improvements:

• Net profit before tax increased by 24.40% to Rs 65.16 lakhs, up from Rs 52.38 lakhs year-over-year.
• Net profit after tax grew marginally to Rs 40.33 lakhs from Rs 39.87 lakhs in the same quarter last year.
• Earnings per share (EPS) witnessed a substantial jump of 72.21%, reaching Rs 209.47 compared to Rs 121.64 in Q1 of the previous fiscal year.

Operational Footprint

Southern Gas Limited operates production units across multiple locations in South India, including:

• Bengaluru
• Mysuru
• Kozhikode
• Kochi
• Thiruvananthapuram

This extensive network of production facilities enables the company to cater to the diverse industrial gas needs of the region effectively.

Management Commentary

Gautam Vithaldas Pai Kakode, the Managing Director of Southern Gas Limited, stated in the company's official communication, "We are pleased with our performance in the first quarter. The significant growth in our earnings per share reflects our operational efficiency and strategic initiatives. We remain committed to delivering value to our shareholders and meeting the evolving needs of our customers across South India."

Transparency and Compliance

In line with regulatory requirements, Southern Gas Limited has published its financial results in the Navhind Times and Navaprabha newspapers. The detailed results are also available on the company's official website, ensuring transparency and easy access for stakeholders.

Market Outlook

The substantial increase in earnings per share, coupled with steady revenue growth, positions Southern Gas Limited favorably in the industrial gas market. As the company continues to leverage its extensive production network, it is well-placed to capitalize on the growing demand for industrial gases in South India's manufacturing and healthcare sectors.

Investors and stakeholders will be keenly watching Southern Gas Limited's performance in the coming quarters, as the company aims to build on this strong start to the fiscal year.

Note: All financial figures are in Indian Rupees (INR).