Gujarat Gas PAT Rises 14 per cent QoQ to Rs 3.27 Billion

06 Aug 2025 CW Team

Gujarat Gas Limited has announced its financial and operational performance for the quarter ended 30 June 2025 (Q1 FY26), reporting record CNG volumes and quarter-on-quarter growth in both EBITDA and net profit.

Financial Performance – Q1 FY26

Revenue from operations stood at Rs 11.07 billion, down from Rs 11.62 billion in Q1 FY25.
EBITDA rose to Rs 5.79 billion, compared to Rs 5.74 billion in the same quarter last year and up 11 per cent from Q4 FY25.
Profit After Tax (PAT) was Rs 3.27 billion, showing a 14 per cent increase from Rs 2.87 billion in Q4 FY25, though marginally lower than Rs 3.30 billion in Q1 FY25.

Operational Highlights

Gujarat Gas recorded its highest-ever CNG volume at 3.33 mmscmd, up 12 per cent YoY and compared to 3.22 mmscmd in Q4 FY25.
The company added over 35,000 new domestic PNG customers, taking its household coverage to over 2.3 million homes.
GGL currently operates a network of 830 CNG stations.

Segment-wise Sales Volume (mmscmd)

Industrial: 4.71
CNG: 3.33
PNG - Domestic: 0.69
PNG - Commercial: 0.14
Total Volume: 8.88

Strategic Developments

GGL is advancing its FDODO (Franchisee Dealer-Owned Dealer-Operated) model, having signed 69 agreements to accelerate retail growth.
The Board has approved entry into the propane and LPG sourcing and sales business for industrial clients, enhancing GGL’s positioning as a comprehensive energy solutions provider.
Gujarat Gas reaffirmed its commitment to providing sustainable and efficient energy solutions to communities and industries, while strengthening its presence across high-growth segments.

Products

06 Oct 2025

TOTO India Launches Premium G & L Showers with Sleek Faucet Range

TOTO India has launched its G Shower and L Shower series, alongside an expanded range of GT, LH, and Pull-Out lavatory faucets. The collection blends advanced technology, refined aesthetics, and everyday comfort, staying true to TOTO’s philosophy of creating spaces that are both beautiful and functional. The G Shower series delivers the 3Rs of showering: Relaxing, Refreshing, and Revitalizing. Features include the Calming Shawl spray mode, Warm Spa technology, and multiple overhead and hand-shower options across eight finishes. The L Shower complements this with easy-to-use controls sui..

Hero Future Energies Secures Funding for 120 MW Hybrid Project

Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19.08 billion in funding from the State Bank of India (lead) and Canara Bank. The funds will be used to develop and construct HFE’s 120 MW renewable energy hybrid project at Kurnool, Andhra Pradesh. The project, contracted with SJVN, integrates wind, solar, and storage technologies to deliver reliable peak power. With a 21-year repayment period, the funding ensures timely execution and the commencement of commercial operations. The financial closure demonstrates continued lender confidence in..

IOC GPS Renewables Raises Rs 8.36 billion Debt for Compressed Biogas Plants

IOC GPS Renewables Private Limited (IGRPL), a joint venture between IndianOil Corporation and GPS Renewables, has raised Rs 8.36 billion (approx. US$ 95 million) in debt financing from Indian Bank to execute nine Compressed Biogas (CBG) projects across India. The funding is the largest single-bank debt raise in the CBG sector and the first fully non-recourse financing in India for these projects. The plants—four in Haryana, three in Uttar Pradesh, one each in Chhattisgarh and Andhra Pradesh—will each produce 15 tonnes of CBG per day using paddy straw as feedstock. All nin..