South Australian gas distributor Envestra's profit soars 46 per cent to $107.8 million SOUTH Australian gas distributor Envestra posted a 46 per cent profit increase to $107.8 million thanks to revenue growth and cost control. The full year profit compared to $73.9 million in the previous financial year. Envestra also rewarded shareholders with a 8 per cent increase in dividend to 6.4 cents to be paid on October 31. Strong revenue growth, tight operating cost management and reductions in finance costs led to the result, Envestra said. Revenues grew 8 per cent to $507.5 million, largely as a result of the Australian Energy Regulator approving annual tariff increases with volumes to residential and smaller business customers up 2 per cent on the previous year. Envestra expects further growth in profitability in the current financial year as a result of increases in regulated tariffs that came into effect in July. This year's profit is likely to be an improved $140 million.