InvestorQ : How were the quarterly numbers of GAIL for the Mar-21 quarter?
Mitali Bhutta made post

How were the quarterly numbers of GAIL for the Mar-21 quarter?

Answer
image
2 weeks ago
Follow

GAIL, India’s largest Navaratna gas transporter, recorded 28% rise in net profits for Mar-21 quarter at Rs.1,908 crore. Despite being higher on a yoy basis, the net profits were lower on a sequential basis compared to Dec-20 quarter. For FY21, the total revenues stood at Rs.57,208 crore and bottom line for the full year stood at Rs.6,136 crore.

The fourth quarter saw operations of all plants and pipelines at stable levels with no major shutdown being reported. GAIL undertook a capital outlay of Rs.6,982 crore during the year on investment in pipelines. GAIL is now increasingly focusing on biogas, ethanol and renewable energy.

2 Views