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GAIL Q4 PAT Jumps to Rs 2,469 Cr; revenue down 1.3%

May 21, 2024

By: BlinkX Research Team

GAIL India reported a consolidated net profit of 2,468.71 crore rupees in Q4 FY24 steeply higher than 634.18 crore rupees in the same quarter last year. However, revenue from operations fell 1.3% on year to 32,833.24 crore rupees in the quarter ended March 2024.

Key Takeaways from GAIL India’s Performance:

• GAIL India reported a consolidated net profit of 2,468.71 crore rupees in Q4 FY24.
• Revenue from operations fell 1.3% on year to 32,833.24 crore rupees.
• Revenue from the transmission services segment was at 2,851.71 crore rupees.

The company's revenue from the transmission services segment was at 2,851.71 crore rupees, petrochemicals were at 2,256.31 crore rupees and the city gas segment stood at 3,090.17 crore rupees during the quarter.

Further, revenue from the natural car gas marketing segment was at 31,523.79 crore rupees and income from LPG and liquid hydrocarbon division came in at 1,425.90 crore rupees.

About Gail (India) Limited:

GAIL (India) Limited is the largest state-owned natural gas processing and distribution company in India. The company has a diversified business portfolio and has introduced the sourcing and trading of natural gas, production of LPG, liquid hydrocarbon and petrochemicals, and transmission of natural gas and LPG through pipeline among others. GAIL has also been part of India and overseas oil and gas.

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