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Last Updated : Feb 07, 2017 01:03 PM IST | Source: CNBC-TV18

Revenue growth in Q4 to be driven by 10% rise in volumes: GSPL

GSPL's third quarter earnings were marginally above analyst estimates this year. The company's net profit rose 31 percent to Rs 42 crore in the third quarter of current fiscal.

Gujarat State Petronet's (GSPL) volumes remained almost flat in the quarter gone by due to various supply constraints, says T Natarajan, Joint Managing Director of the company. However, he sees volumes in the fourth quarter improving by 10 percent.

Earnings will also improve by 10-12 percent after an expected hike in tariff rates, he says.

GSPL's third quarter earnings were marginally above analyst estimates this year. The company's net profit rose 31 percent to Rs 42 crore in the third quarter of current fiscal.

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First Published on Feb 7, 2017 12:12 pm
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