Gujarat State Petronet Limited — Board Meeting, 22-05-2025: Outcome of Board Meeting

Gujarat State Petronet Limited has announced a board meeting on approving the financial results for the quarter and half-year, reporting a strong consolidated net profit of Rs. 564.21 Cr. The board proposes a dividend of Rs. 5 per share for FY25, pending shareholder approval. Strategic moves continue with progress on the composite amalgamation and arrangement involving GSPC, GSPL, GEL, and Gujarat Gas, followed by a demerger into GSPL Transmission Limited. Audit reports are clean, and despite tariff disputes, operations remain solid.