GAIL clocks revenue of Rs 31,823 crore, PAT of Rs 2,405 crore in Q2 FY’24
Profit before Tax (PBT) for H1 FY24 stood at Rs 5,019 crore as compared to Rs 5,770 crore for the corresponding period in the previous year.
Profit before Tax (PBT) for H1 FY24 stood at Rs 5,019 crore as compared to Rs 5,770 crore for the corresponding period in the previous year.
Sanjay Kumar assumed charge as Director (Marketing) of GAIL (India) Limited today.
Profit before Tax (PBT) in 2022-23 stood at Rs 6,584 crores as against Rs 13,590 crores in 2021-22.
Profit before Tax (PBT) for H1 FY23 stood at Rs5,770 crores as compared to Rs 5,736 crores for the corresponding period in the previous year. Profit after Tax (PAT) stood at Rs 4,452 crores as compared to Rs 4,393 crores in the corresponding period of the previous year.
Coal India Limited (CIL) is scheduled to sign agreements with three other major public sector undertakings - Bharat Heavy Electricals Limited (BHEL), Indian Oil Corporation Limited (IOCL) and GAIL (India) - next week for setting up four Surface Coal Gasification (SCG) projects.
GAIL’s pipeline network will facilitate the supply of natural gas to 38 lakh domestic households, and CNG to more than 600 stations
The pilot project would help in the creation of a robust standard and regulatory framework in India to cover the aspects of injecting hydrogen into natural gas.
The event was attended and appreciated by the leading steel, aluminium, and chemical manufacturers along with the leading industry bodies such as FICCI, ICC, CII, and UCCI.
It noted that the petrochemical business has shown better performance with more than 100 per cent capacity utilisation.
It stands to get Rs 583.6 crore from the dividend payout and another Rs 541.5 crore if it participates in the buyback by tendering a proportionate number of shares.
