GAIL Q4 Results: Net jumps 40% on higher gas margins

GAIL Q4 Results: Net jumps 40% on higher gas margins
PTI
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Synopsis

Revenue from operations rose to Rs 26,968.21 crore from Rs 15,549.07 crore in January-March 2021.For the full fiscal ending March 31, the company reported its highest ever net profit of Rs 10,363.97 crore, against Rs 4,890.18 crore in the previous year.

Agencies
State gas utility on Friday reported a 40 per cent jump in its March quarter net profit as margins on natural gas sales rose. Net profit in January-March at Rs 2,683.11 crore was higher than Rs 1,907.67 crore in the same period a year back, according to the company's regulatory filing.

Revenue from operations rose to Rs 26,968.21 crore from Rs 15,549.07 crore in January-March 2021.

For the full fiscal ending March 31, the company reported its highest ever net profit of Rs 10,363.97 crore, against Rs 4,890.18 crore in the previous year.

Pre-tax earnings from natural gas marketing jumped to Rs 1,725.93 crore in the fourth quarter of 2021-22, up from Rs 280.89 crore a year back
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