GAIL (India) Q4 PAT rises 41%
- May 30, 2022, 01.15 PM
- DealMoney News Service
GAIL (India) Limited recorded 62% increase in Revenue from Operations to Rs. 91,646 crore in FY22 as against Rs. 56,738 crore in FY21, Profit before Tax (PBT) increased by 113% to Rs. 13,590 in FY 22 crore as against Rs. 6,386 crore in FY21.
The Profit after Tax (PAT) increased by 112% to Rs. 10,364 crore in FY22 as against Rs. 4,890 crore in FY21 mainly on account of increased gas marketing and transmission volume, better gas marketing spread and higher product prices.
Revenue from Operations for quarter ended on 31st March 22 increased by 73% to Rs. 26,968 crore as compared to Rs. 15,549 crore in corresponding period of previous year. PBT registered a growth of 36% to Rs. 3,546 crore in Q4 FY22 as against Rs. 2,612 crore during Q4 FY21.
PAT increased by 41 % to Rs. 2,683 crore in Q4 FY22 as against Rs. 1,908 crore in Q4 FY21 mainly on account of improved gas marketing spread and better product prices.
