GSPLNSEGujarat State Petronet Limited· GasHighNeutral
Announced Thu, 22 Jan, 2026 · 18:07 IST
GSPL Q3 FY26 Results: PAT Declines YoY, Scheme Pending
Price reaction
Awaiting price reaction for this filing.
AI summary
GSPL Q3 FY26 standalone PAT fell 15.7% YoY to Rs 114.27 cr on revenue of Rs 272.20 cr (up 4.5%). Consolidated PAT rose 13% to Rs 379.05 cr though revenue dipped 9.9% to Rs 4,091.70 cr. 9M standalone PAT declined 13.3% to Rs 639.22 cr. Lower PNGRB tariff (cut to Rs 18.10 from Rs 34 per MMBTU) hit revenues. Composite amalgamation scheme with Gujarat Gas awaits MCA approval after shareholder nod in Oct 2025.
Likely market impact
Lower tariff pressures revenue growth. Pending amalgamation could materially reshape the company. Watch MCA approval timeline.