Parent company Centrica defended huge profit results for British Gas. Centrica stressed that British Gas makes up a fifth of total group profits, with 2012 figures largely propelled by a 20 per cent rise in profits at its upstream gas and oil exploration business to £1.2 billion. The British Gas residential arm managed a huge £606 million profit haul last year, prompting calls for it to use some of the money towards cutting energy bills for its 8.4 million customers.