GAILs Q4 profit falls 78% to Rs 603.52 crore
GAIL (India) on Thursday reported a 77.5 per cent drop in its standalone profit to Rs 603.52 crore on a yearly basis in the March quarter. The company had posted a net profit of Rs 2,683.11 crore in the same quarter last year. However, GAIL's standalone income jumped 23.7 per cent YoY to Rs 33,875.39 crore, from Rs 27,391.71 crore. The company's revenue from natural gas segment jumped 3.75 per cent to Rs 1,649.49 crore in Q4FY23, from Rs 1,589.79 crore in the fourth quarter of FY23. From LPG services, GAIL's revenue jumped to Rs 174.76 crore, from Rs 170.67 in q4FY22.
Thursday, May 18, 2023 at 9:20 am