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* - Tentative Dates
The Company proposes to utilize the net proceeds from the Issue towards funding the following objects.
Gujarat Natural Resources Limited's revenue increased by 93.29% and profit after tax (PAT) rose by 37.41% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 159.50 | 162.85 | 155.82 |
| Revenue | 27.70 | 14.33 | 9.46 |
| Profit After Tax | -3.88 | -6.20 | -4.09 |
| Reserves and Surplus | 39.72 | 44.86 | 4,527,840.00 |
| Amount in ? Crore | |||
Gujarat Natural Gas Ltd (GNRL) is engaged in oil and gas exploration and production. The company primarily focuses on the upstream oil sector. GNRL, through its subsidiary GNRL Oil & Gas Limited, has participating interests in 6 producing blocks in Cambay basin.