Gujarat State Petronet (GSPL) Q4 24/25 earnings summary

Executive summary

• Transmission volumes increased to 36.39 MMSCMD in Q4 2024-25 from 29.68 MMSCMD in Q4 2023-24, indicating strong operational growth.

• Audited standalone and consolidated financial results for the year ended 31 March 2025 were approved, with unmodified audit opinions.

• The Board recommended a dividend of Rs. 5.00 per share for FY 2024-25, subject to shareholder approval.

• A Composite Scheme of Amalgamation and Arrangement involving multiple group entities was approved, pending regulatory sanctions.

• Sectoral mix shifted, with City Gas Distribution (CGD) rising to 43.09% of volumes in Q4 2024-25 from 34.25% in Q4 2023-24.

Financial highlights

• Standalone gross income for Q4 2024-25 was ₹302 crore, down from ₹536 crore in Q4 2023-24.

• Standalone annual gross income for FY 2024-25 was ₹1,515 crore, down from ₹2,367 crore in FY 2023-24.

• Consolidated annual gross income for FY 2024-25 was ₹18,418 crore, up from ₹18,084 crore in FY 2023-24.

• Standalone net profit after tax for FY 2024-25 was Rs. 80,762.22 lakhs, compared to Rs. 36,121.74 lakhs in FY 2023-24.

• Consolidated net profit after tax for FY 2024-25 was Rs. 1,63,740.04 lakhs, compared to Rs. 1,11,108.44 lakhs in FY 2023-24.

Segment performance

• Gas transportation revenue for Q4 2024-25 was ₹232.83 crore, down from ₹501.11 crore in Q4 2023-24.

• Revenue from electricity sales remained stable at ₹5.24 crore in Q4 2024-25 versus ₹5.70 crore in Q4 2023-24.

• The group operates as a single integrated entity in gas transmission and distribution, with no separate segment reporting.