GUJGASLTDNSEGujarat Gas LimitedHighNeutral
Announced Sat, 30 May · 16:11 IST

Gujarat Gas Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Revenue DeclineResults RestatedExceptional ItemContingent Liabilities IncreasedEmphasis Of MatterResults View source PDF

GUJGASLTD · price

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Price reaction · full curve 14 horizons · vs prior close
+1.3%1-day move
₹391.60
prior close
₹400.00
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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AI summary

Gujarat Energy Limited reported standalone revenue from operations of Rs 24,198 crore for FY2026, down 12.7% from Rs 27,717.65 crore in FY2025. Profit after tax declined to Rs 2,298.55 crore from Rs 3,481.98 crore in the prior year. The company completed a major amalgamation involving GSPC, GSPL, and GSPC Energy Limited with appointed date April 1, 2024, effective May 1, 2026. A demerger of the Gas Transmission Business to GSPL Transmission Limited was also completed with effect from April 1, 2025. The company changed its name from Gujarat Gas Limited to Gujarat Energy Limited effective May 14, 2026. Prior year figures have been restated. The board recommended a dividend of Rs 8.90 per share.

Likely market impact

The substantial decline in both revenue and PAT reflects the impact of the Gas Transmission business demerger and challenging operating conditions. Shareholders should note that FY2025 figures were significantly inflated by a deferred tax credit of Rs 2,011.22 crore, making year-on-year comparisons complex. The company also disclosed contingent liabilities of Rs 2,888.66 crore including disputed tax claims and Vedanta arbitration.