GAIL (India) has reported a standalone net profit of Rs. 1,122.23 crore for the fourth quarter ended March 31, 2019. This represents a 19.72 per cent increase over the net profit of Rs. 1,020.92 crore recorded in same quarter of the previous financial year.
Total income during the quarter under review rose by 24.98 per cent to Rs. 19,629.75 crore.
The board has recommended issue of fully paid up bonus share in the ratio of 1:1 and a pre-bonus final dividend of 17.70 per cent ( Rs. 1.77 on equity share of Rs. 10 each) for the fiscal year 2018-19, a company statement said. This will amount to Rs. 399.15 crore.
