Gujarat Gas Limited registered revenue from operations for Q3 FY24 reached Rs. 4,084 crore during the quarter ended 31st December 2023 as against Rs. 3,991 crore for the Q2 FY24 quarter ended 30th September, 2023.

The standalone PAT for the current quarter is Rs. 220 crore December 2023 as against Rs. 298 crore for quarter ended on 30th September 2023.

During the quarter, the company added  38,000 new domestic customers, 197 commercial customers and commissioned 69 new industrial customers. Volume of 1, 16,000 scmd is added due to commissioning of new industrial customers. Moreover, as on 31st December 2023, the company has a signed volume of 8, 23,000 scmd which will be commissioned in coming days.

During the quarter, the company has contracted -0.50 mmscmd of domestic gas under auction from one of the upstream suppliers for 4 years.

The company has launched Full Dealer Owned Dealer Operated (FDODO) scheme to fast track development of CNG stations infrastructure. The company plans to add more than 200 CNG stations in the next 2-3 years under the scheme.