GAIL (India) Q1FY24 result: Net profit at Rs 1,412 cr YoY; revenue down 14%
The standalone net profit of GAIL (India) for the first quarter of the current financial year (Q1YFY24) saw a fall of 51.56 per cent to Rs 1,412 crore, compared to Rs 2 915,19 crore for the corresponding quarter of the previous year, the company said in a BSE filing.
Sequentially, the net profit was up 133.9 per cent. In Q4FY23, the net profit of the company was Rs 603.52 crore.
The revenue from operations for Q1FY24 came in at Rs 32,227.47 crore, compared to Rs 37,572.14 crore year-on-year (YoY). This is a fall of 14.22 per cent.
