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25-May2018

GAIL reports around 4-fold jump in Q4 net profit

GAIL India has reported results for the fourth quarter and year ended March 31, 2018.

The company has reported around 4-fold jump in its net profit at Rs 1020.92 crore for the quarter ended March 31, 2018 as compared to Rs 260.16 crore for the same quarter in the previous year. Total income of the company increased by 11.06% at Rs 15706.27 crore for quarter under review as compared to Rs 14141.80 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a rise of 31.84% in its net profit at Rs 4618.41 crore as compared to Rs 3502.91 crore for the previous year. Total income of company increased by 9.50% at Rs 54812.49 crore for year under review as compared to Rs 50059.26 crore for the year ended March 31, 2017.


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