Gujarat Gas Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 40,842.6 million compared to INR 38,212.8 million a year ago. Revenue was INR 41,072.8 million compared to INR 38,532.7 million a year ago. Net income was INR 2,210.2 million compared to INR 3,715.7 million a year ago. Basic earnings per share from continuing operations was INR 3.21 compared to INR 5.4 a year ago. Diluted earnings per share from continuing operations was INR 3.21 compared to INR 5.4 a year ago.
For the nine months, sales was INR 119,991.1 million compared to INR 132,323.4 million a year ago. Revenue was INR 120,741.4 million compared to INR 133,018.8 million a year ago. Net income was INR 7,332.2 million compared to INR 11,578.8 million a year ago. Basic earnings per share from continuing operations was INR 10.65 compared to INR 16.82 a year ago. Diluted earnings per share from continuing operations was INR 10.65 compared to INR 16.82 a year ago.