Listen to GAIL (India) Q1 earnings call live and check real-time transcript<\/a><\/strong><\/p>\nIn the last quarter, GAIL (India) Limited reported Total Income for Q4 FY23 of \u20b933,810.67 Crore up from \u20b927,690.40 Crore year on year, a growth of 22.1%. The consolidated Net Profit of \u20b9642.74 Crore, down 81.5% from \u20b93,473.77 Crore in the same quarter of the previous year. The Earnings per Share is \u20b90.96 for this quarter.<\/p>\n
GAIL is anticipated to report a standalone net profit of \u20b91,460 crore for the first quarter of the current fiscal year, which translates to a 2.4 times increase on a sequential basis, according to research from Zee Business. Analysts predict GAIL, a company that processes and distributes natural gas, will report revenue of \u20b931,330 crore for the three-month span. After three consecutive quarters of losses, they anticipate the company’s petrochemicals division to turn a profit, with sales expected to increase by 50% to 60% sequentially.<\/p>\n","protected":false},"excerpt":{"rendered":"
GAIL (India), an integrated natural gas company, will report first-quarter 2024 earnings today at 4:00 p.m. IST. The company will most likely provide business updates for the first quarter. Listen to GAIL (India) Q1 earnings call live and check real-time transcript In the last quarter, GAIL (India) Limited reported Total Income for Q4 FY23 of […]<\/p>\n","protected":false},"author":1917,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5],"tags":[],"class_list":["post-150492","post","type-post","status-publish","format-standard","hentry","category-latest"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":132427,"url":"https:\/\/alphastreet.com\/india\/infographic-gail-shares-take-a-jump-after-q1-revenue-soars-by-a-whopping-116-while-net-profit-jumps-by-52\/","url_meta":{"origin":150492,"position":0},"title":"Infographic: Gail shares take a jump after Q1 revenue soars by a whopping 116% while Net Profit jumps by 52%","author":"Chirag Gupta","date":"August 4, 2022","format":false,"excerpt":"On Thursday, GAIL reported a 90.5% jump in its June quarter net profit at \u20b92,915 crore. The rise in year-on-year profit was on the back of bumper earnings from natural gas marketing. The company had posted a net profit of \u20b91.530 crore for the year-ago period. 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The consolidated Net Profit of \u20b9642.74 Crore, down 81.5% from \u20b93,473.77 Crore in the same quarter of the previous year. 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The company also operates in the petrochemicals, LPG, and liquid hydrocarbons business segments. 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The Revenue was driven by Natural Gas Marketing segment which surged by 61% up to \u20b940,462.38 Crore. 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Financial Summary: Revenues rose 4.86% year on year to \u20b935,537 crore from \u20b933,889 crore. Total expenses increased 7.81% to \u20b933,488 crore from \u20b931,062 crore. 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