GAIL Q4 profit rises 41% to ₹2,683 cr, approves dividend

Post the earnings announcement, GAIL shares slid 4.07% in noon deals to ₹145.05 apiece on NSE. (Pradeep Gaur/Mint)Premium
Post the earnings announcement, GAIL shares slid 4.07% in noon deals to ₹145.05 apiece on NSE. (Pradeep Gaur/Mint)
 1 min read . Updated: 27 May 2022, 02:36 PM IST Livemint

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State-owned GAIL (India) Ltd. on Friday posted standalone net profit of ₹2,683 crore for the January-March period, rising 41%, compared with ₹1,907 crore a year ago.

Revenue from operations rose 73% to ₹26,968 crore for the March quarter.

Post the earnings announcement, GAIL shares slid 4.07% in noon deals to ₹145.05 apiece on NSE.

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The company's board has also recommended a final dividend of ₹l per equity share.

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