Gujarat State Petronet Ltd Approves Unaudited Financial Results for Q2 2025

Gujarat State Petronet Ltd (GSPL) has announced the approval of its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025. The board of directors approved these results on November 11, 2025. Key financial data and comprehensive details are outlined in the released statements and auditor’s review reports.

Financial Performance Overview

GSPL’s unaudited financial results showcase the company’s performance for Q2 2025. These results, reviewed by the Audit Committee and approved by the Board, are prepared in accordance with Indian Accounting Standards (Ind-AS). The reports include both standalone and consolidated figures, offering a comprehensive view of GSPL’s financial health.

Standalone Financial Highlights

Key figures from the standalone financial results include:

  • Revenue from operations: ₹27,406.22 Lakhs for Q2 2025.
  • Total Income: ₹32,718.49 Lakhs for Q2 2025.
  • Profit Before Tax: ₹42,354.21 Lakhs for Q2 2025.
  • Net Profit After Tax: ₹38,246.21 Lakhs for Q2 2025.

Consolidated Financial Highlights

The consolidated financial results reported are:

  • Revenue from operations: ₹420,638.87 Lakhs for Q2 2025.
  • Total Income: ₹432,057.92 Lakhs for Q2 2025.
  • Profit Before Tax: ₹52,704.45 Lakhs for Q2 2025 (after accounting for equity investees).
  • Net Profit After Tax: ₹38,903.13 Lakhs for Q2 2025.

Scheme of Amalgamation

It is noted that the Board approved a composite scheme of amalgamation on August 30, 2024, between Gujarat State Petroleum Corporation Limited, Gujarat State Petronet Limited, GSPC Energy Limited, Gujarat Gas Limited, and GSPL Transmission Limited. Meetings for equity shareholders were held on October 17, 2025, and the scheme was approved. The scheme is subject to approvals from the Ministry of Corporate Affairs and other statutory bodies.

Ongoing Litigation

The Company obtained a conditional stay from the Gujarat High Court relating to an arbitral award against them. This was secured by depositing ₹69.34 crore and furnishing a ₹50.61 crore bank guarantee on July 21, 2025, and June 27, 2025 respectively.

Source: BSE

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