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

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


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.

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



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