Wednesday, February 6, 2019

GAIL's revenue, net jump by 30 odd percent

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GAIL's sales for the Dec quarter jumped by 34 per cent to Rs 19,788 crore. Ebitda jumped to Rs 2,673 crore from Rs 1,970 crore in the corresponding quarter last year. 

Net profit rose by 33 per cent year-on-year at Rs 1,681 crore for December quarter. 

The  company had posted Rs 1,262 crore profit in the year-ago period. 

GAIL closed at Rs 333, up one percent in Tuesday's trading.

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