GAIL logs 28% sequential growth in Q4 net profit : vimarsana

GAIL logs 28% sequential growth in Q4 net profit


GAIL logs 28% sequential growth in Q4 net profit
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Growth chart. (File Photo: IANS). Image Source: IANS News
New Delhi, June 9 : GAIL (India) Ltd on Wednesday reported a 28 per cent growth in its net profit for the January-March period, on a quarter-on-quarter basis, at Rs 1,908 crore.
During the Q3 of FY21, the state-run natural gas major had reported a net profit of Rs 1,487 crore.
A company statement said that it recorded a turnover of Rs 15,472 crore in Q4 FY21 in comparison to Rs 15,386 crore in Q3 FY21.
The net profit for FY21 was Rs 6,136 crore.
It noted that the petrochemical business has shown better performance with more than 100 per cent capacity utilisation.

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