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News Details

05/11/2026 17:00

Guj. Ind. Power Co. Q2 net profit jumps 84.23% at Rs 39.24 cr

The company reported standalone net profit of Rs 39.24 crore for the quarter ended September 30, 2026 as compared to Rs 21.30 crore in the same period last year, registering a year-on-year growth of 84.23 per cent.

Net revenue of the company rose substantially by 34.15 per cent at Rs 431.16 crore in July-September quarter of this fiscal as against Rs 321.40 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 20.71 per cent to Rs 257.89 crore from Rs 213.64 crore in year ago period.

Other Income grew by 7.46 per cent at Rs 22.47 crore versus (Sep'25 Rs 20.91 crore).

Operating Profit surged by 60.78 per cent to Rs 173.26 crore as against Rs 107.76 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 19.86 per cent in September quarter.

Interest grew by 181.74 per cent y-o-y to Rs 51.22 crore, while Taxation decreased by 48.82 per cent at Rs 12.78 crore (Sep'25 Rs 24.97 crore).