The company's total expenditure surged 121.2% year on year to Rs 4,906 crore in Q3 FY22.
On the operational front, the company's total gas sales volumes for the quarter ended on 31 December 2021 was at 11.39 mmscmd as against FY21 average sales of 9.40 mmscmd. The company's CNG sales continued to show robust growth of 39% as compared to corresponding quarter previous year. The company said it added 58 CNG stations during the quarter ended on 31 December 2021.
Gujarat Gas (GGL) is India's largest CGD company, with 27 CGD licenses spread across 43 districts in six states and one union territory. GGL is engaged in distribution of natural gas (piped and compressed) and currently supplies PNG to industrial, commercial and domestic customers along with CNG to the transportation sector.