Gujarat Energy Ltd FY26 profit drops 48% as West Asia turmoil weighs on gas business
India's largest city gas distribution (CGD) company, Gujarat Energy Ltd (formerly known as Gujarat Gas Ltd), on Saturday reported a 48 per cent decline in consolidated net profit to ₹1,678 crore for FY26 as the conflict in West Asia roiled global gas markets and weighed on its core city gas distribution and gas trading businesses. The company, a major consumer…
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