Gujarat Gas Q2 FY26: 13% YoY Increase in CNG Volume, 10% Rise in PNG Domestic, 7% in PNG Commercial

Gujarat Gas Ltd. announced its Q2 FY26 financial results, with a 13% YoY increase in CNG volume, reaching 3.32 mmscmd. The company also reported a 10% YoY rise in PNG (Domestic) volume, amounting to 0.83 mmscmd, and a 7% increase in PNG (Commercial) volume, totaling 0.16 mmscmd. The company is aggressively pushing for the FDODO model, having signed 74 agreements with various dealers and opened one FDODO station in Jamnagar. The Composite Scheme of Arrangement was approved by shareholders with a thumping majority. The company's quarterly financial performance showed a revenue from operations of 33,979 crore, EBITDA of 520 crore, and PAT of 281 crore. The operational performance indicated a 13% rise in the CNG category, with 4 new CNG stations added. The company also added 42,400+ new domestic customers and has a cumulative 43,900 Inch Km of Steel Pipeline network.