Integrated Filing — IndAS



General information about company

Scrip Code 539336
NSE Symbol GUJGASLTD
MSEI Symbol NA
ISIN INE844O01030
Name of company Gujarat Gas Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 20-01-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 19-12-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Natural Gas
Start date and time of board meeting 20-01-2026   12:30:00
End date and time of board meeting 20-01-2026   14:15:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable as the Company don't have any default on loans and debt securities outstanding as on December 31,2025



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 3,86,511.00 11,90,944.00
Other income 5,460.00 18,706.00
Total income 3,91,971.00 12,09,650.00
2 Expenses
(a) Cost of materials consumed 2,86,497.00 8,85,002.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (42.00) (21.00)
(d) Employee benefit expense 4,992.00 14,751.00
(e) Finance costs 872.00 2,479.00
(f) Depreciation, depletion and amortisation expense 13,522.00 40,093.00
(f) Other Expenses
1 Excise duty expense 20,670.00 59,974.00
2 Other expenses 29,662.00 89,794.00
Total other expenses 50,332.00 1,49,768.00
Total expenses 3,56,173.00 10,92,072.00
3 Total profit before exceptional items and tax 35,798.00 1,17,578.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 35,798.00 1,17,578.00
6 Tax expense
7 Current tax 8,541.00 27,741.00
8 Deferred tax 699.00 2,501.00
9 Total tax expenses 9,240.00 30,242.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 26,558.00 87,336.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 26,558.00 87,336.00
17 Other comprehensive income net of taxes 233.00 432.00
18 Total Comprehensive Income for the period 26,791.00 87,768.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 13,768.00 13,768.00
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 3.86 12.69
Diluted earnings (loss) per share from continuing operations 3.86 12.69
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 3.86 12.69
Diluted earnings (loss) per share from continuing and discontinued operations 3.86 12.69
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Notes to Standalone Financial Result 1 The above financial results were reviewed and recommended by the Audit Committee and approved by the Board of Directors at its meeting held on 20th January, 2026 at Gandhinagar, Gujarat. 2 These financial statements have been prepared in accordance with the Indian Accounting Standards Ind AS notified under section 133 of the Companies Act, 2013, read together with the Companies Indian Accounting Standards Ind AS Rules issued thereafter and the provisions of the Companies Act 2013, as applicable and guidelines issued by the Securities and Exchange Board of India SEBI and other recognised accounting principles and policies generally accepted in India to the extent possible. These financial results are presented in accordance with the requirements of Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 read with other relevant rules and circulars issued thereunder. 3 The statutory auditors of the Company have carried out limited review of the financial results for the quarter and nine months ended on 31st December 2025 in pursuance to regulation 33ci of the SEBI Listing obligations and Disclosure Requirements Regulations, 2015 read with other relevant rules and circulars issued thereunder. The statutory auditors have issued an unmodified review report. 4 The Company primarily operates in the segment of Natural Gas Business. Accordingly, disclosures under Indian Accounting Standards Ind AS 108 on operating segments are not applicable to the Company. 5 The Board of Directors of the Company at its meeting held on 30th August 2024, have approved a Composite Scheme of Amalgamation and Arrangement among Gujarat State Petroleum Corporation Limited GSPC Transferor Company 1, Gujarat State Petronet Limited GSPL Transferor Company 2, GSPC Energy Limited GEL Transferor Company 3, Gujarat Gas Limited CompanyGGLTransferee Company Demerged Company and GSPL Transmission Limited GTL Resulting Company and their respective Shareholders under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 and rules made thereunder Scheme. The Scheme, inter alia, provides for 1. Amalgamation of GSPC, GSPL and GEL with GGL with appointed date as 1st April, 2024 2. Post the amalgamation, demerger of Gas Transmission Business Undertaking into GTL with appointed date as 1st April, 2025 and 3. Various other matters consequential or otherwise integrally connected therewith. The Company and Transferor Company 2 have received No Objection from BSE Limited and National Stock Exchange of India Limited on 4th 5th February, 2025 respectively. Transferor Companies, Transferee Company and Resulting Company had filed Joint Company Application with Honble Ministry of Corporate Affairs Honble MCA on 12th February, 2025 for seeking necessary directions. The Honble MCA vide its Order dated 10th September, 2025 had, interalia, directed to convene Meeting of Equity Shareholders of GSPC, GSPL and GGL. Pursuant to directions of Honble MCA, the Meeting of Equity Shareholders of GSPC, GSPL and GGL were held on 17th October, 2025 and the Scheme was approved by the Equity Shareholders of GSPC, GSPL and GGL with requisite majority. The Scheme is, inter alia, subject to sanction of the Honble MCA and receipt of necessary approvals from statutory and regulatory authorities. 6 Previous period figures have been reclassified regrouped wherever considered necessary to conform to the current period figures.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement gains on defined employee benefit plans 311.00 577.00
Total Amount of items that will not be reclassified to profit and loss 311.00 577.00
2 Income tax relating to items that will not be reclassified to profit or loss 78.00 145.00
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income 233.00 432.00