Gujarat State Petronet Ltd. (GSPL) announced its un-audited financial results for the quarter and nine months ended December 31, 2025, during its Board Meeting held on January 22, 2026. On a standalone basis, the company reported a total income of ₹31,547.79 lakhs for the December 2025 quarter, reflecting a stable revenue stream. However, standalone net profit after tax experienced a sharp sequential decline to ₹114.27 crore from ₹382 crore in the previous September 2025 quarter, primarily due to regulatory changes and ongoing corporate restructuring. Conversely, when compared to the corresponding quarter of the previous year (Q3 FY25), which saw a profit of ₹136 crore, the year-on-year performance shows a decrease in profit but stability in core operational revenue.

Gujarat State Petronet Limited (GSPL) is a leading natural gas infrastructure provider in India, primarily engaged in the transmission of natural gas through an extensive pipeline network. Founded in 1998 by the Government of Gujarat, it operates as a pure transmission entity on an “open access” basis, connecting supply sources to major industrial hubs, power plants, and city gas distribution networks. Throughout 2025, the company has been focused on a major corporate restructuring—a composite scheme of amalgamation involving its parent, Gujarat State Petroleum Corporation (GSPC), and its subsidiary, Gujarat Gas Ltd., which received shareholder approval in October 2025. Additionally, in late 2025, the company strengthened its leadership with the appointment of Shri Jayant Misra as an Independent Director and Smt. Avantika Singh Aulakh as Joint Managing Director. GSPL remains a favorite among institutional investors, with major holdings from Mirae Asset, ICICI Prudential, and the Government Pension Fund Global (Norges Bank).