India’s largest natural gas company GAIL posted declared results for the quarter ended March 2024 (Q4FY24). The company posted multifold jump 260 percent in its March quarter net profit at ₹2,177 crore as against ₹603.5 crore in the same period last year. However, on a sequential basis, the firm’s net profit fell 23 percent from ₹2 842.62 crore.
Meanwhile, the company’s total income declined marginally 2.6 percent to ₹32,317 versus ₹33 875.39 in the year-ago period. Sequentially as well, its total income fell 5.6 percent from ₹34,237 crore.
More to come…
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Published: 16 May 2024, 03:41 PM IST