'Net sales (including other operating
income) of Gujarat Gas has declined 13.02% to Rs 3870.89 crore. The company achieved its highest-ever CNG
volume of 3.33 mmscmd in Q1 FY26, up from 3.22 mmscmd in Q4 FY25, reflecting
continued strong momentum in the CNG segment. Volumes grew 12% YoY, supported
by a robust network of 830 CNG stations.
The company is also actively
expanding through the FDODO (Franchisee-Owned, Dealer-Operated) model, having
signed 69 FDODO agreements to date, which is expected to further accelerate
growth.
On the PNG front, GGL added 35,000+
new domestic customers during the quarter, extending its reach to over 23.02
lakh households.
Operating profit margin has jumped
from 12.04% to 13.43%, leading to 2.94% decline in operating profit to Rs
519.87 crore.
Raw material cost as a %
of total sales (net of stock adjustments) decreased from 80.65% to 77.57%. Employee cost incr...
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