MUMBAI: Gujarat State Petronet Ltd (GSPL) on Friday announced that its net profit had jumped two-fold to Rs 107.8 crore for the quarter ended March 31, compared to Rs 34.7 crore during the same period last year.

Total income rose to Rs 269.9 crore for the January-March quarter from Rs 136.4 crore in the same quarter of the previous fiscal, Gujarat State Petronet Ltd (GSPL) said in a filing to the Bombay Stock Exchange. The board has proposed a dividend of Rs one per share of Rs 10 each for the 2009-10 financial year. During the full fiscal, the company had transported 11,572.71 mmscm of gas against 5,428.48 mmscm in the same period of the corresponding fiscal.