GAIL India Q1 results: Net profit falls 45% to Rs 1,793 crore; revenue down by 13%
Sequentially, the profit increased by 134 percent from the March quarter of the prior fiscal year's (Q4FY23) net earnings of Rs 603.52 crore.
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Net profit jumps 500% to Rs 1,529.92 crore – GAIL India
GAIL India to achieve a 500 per cent jump in its June belt net gain on higher sales and margin boost on gas and petrochemicals. Net earnings of Rs 1,529. 92 crore in April-June was up from Rs 255.51 crore within the equal duration a year back.
GAIL Ltd eyes expansion in petrochemicals and specialty chemicals
GAIL is India’s largest gas marketer and shipper and has now decided to adopt a revised plan to address new challenges in the changing industry.