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.

Real Estate

07 Aug 2026

BXB Estates Sets AED 110 Million Jumeirah Golf Estates Record

BXB Estates has completed an AED 110 million residential transaction at Jumeirah Golf Estates, setting a new sales record for the prestigious Dubai residential community.Negotiated by Alfie Tabrez, Managing Partner of BXB Estates, the deal surpassed the previous record of AED 58 million for a completed ready villa in the development.The six-bedroom residence offers 21,714 sq ft of built-up space on a 15,873-sq-ft plot. It features nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace.The property also includes a dedicated wellness area comprising a ..

SECR Floats Rs 6,019 Mn EPC Tender For Paradol Nagpur Link

South East Central Railway (SECR) has invited bids for an Engineering, Procurement and Construction (EPC) contract to build a new broad gauge single line between Paradol Takeoff Point and Nagpur Road Station in Chhattisgarh. The contract carries an estimated cost of Rs 6,019.0 mn and requires an earnest money deposit of Rs 120.4 mn. The work is framed as an EPC assignment intended to strengthen regional rail infrastructure. The tender, issued under number CAO-C-BSP-26-27-15, specifies a completion period of 730 days and a bid validity of 180 days. Two pre-bid meetings are scheduled for 24 Augu..

Indian Railways Reports Nine Per Cent Rise In July Freight Loading

Indian Railways handled 141.3 million tonnes (141.3 mn t) of freight in July, marking a rise of nine per cent year on year. Freight loading maintained a positive trajectory across the network compared with the same month last year. Passenger traffic also increased in July, contributing to higher overall network utilisation. The July outcome continued a pattern of steady monthly gains, reflecting gradual improvement in industrial and logistics activity. The growth in freight volumes reflected stronger demand across multiple sectors and improvements in logistics and train turnarounds. Enhanced r..