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Earnings Summary Of GAIL (India) Limited For Q3 FY23

GAIL (India) Limited (NSE: GAIL) is a leading natural gas company in India that operates in the areas of natural gas transmission, marketing, and distribution. The company also operates in the petrochemicals, LPG, and liquid hydrocarbons business segments. GAIL has a strong presence in India and is also expanding its international operations. The company’s Consolidated Profit down to ₹397.59 crore in the quarter ending December, from ₹3,800.09 crore a year earlier. The EPS for this quarter is ₹0.63 for this quarter.

GAIL’s revenue from operations jumped more than 37% to ₹35,939.96 crore on price hikes to customers. The company recorded a Employee Benefit Expense from ₹459.07 crore against ₹481.54 crore from same quarter previous year. The Natural Gas Marketing segment drive the Revenue which increased up to ₹40,462.38 Crore in this quarter.

Categories: Earnings
Tags: Natural Gas
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