{"id":276324,"date":"2019-05-28T06:06:36","date_gmt":"2019-05-28T06:06:36","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=276324"},"modified":"2019-05-28T06:16:35","modified_gmt":"2019-05-28T06:16:35","slug":"gail-announces-11-bonus-share-offer","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gail-announces-11-bonus-share-offer\/","title":{"rendered":"GAIL announces 1:1 bonus share offer"},"content":{"rendered":"<p>State gas utility GAIL India today reported a 20% rise in its March quarter net profit as margins on natural gas sales and transmission more than made up for the loss in the petrochemical business.<\/p>\n<p>Net profit in January-March at \u20b91,222.23 crore, or \u20b94.98 per share, was 19.70% higher than \u20b91,020.92 crore, or \u20b94.53 a share, net profit in the same period of the previous fiscal year, the company said in a regulatory filing.<\/p>\n<p>Revenue rose to \u20b918,763.87 crore in the fourth quarter of 2018-19 fiscal year when compared with \u20b915,430.69 crore net profit in the year-ago period.<\/p>\n<p>The board of GAIL also approved a 1:1 bonus issue of one free share for every share held.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State gas utility GAIL India today reported a 20% rise in its March quarter net profit as margins on natural gas sales and transmission more than made up for the loss in the petrochemical business. Net profit in January-March at \u20b91,222.23 crore, or \u20b94.98 per share, was 19.70% higher than \u20b91,020.92 crore, or \u20b94.53 a share, net profit in the same period of the previous fiscal year, the company said in a regulatory filing. Revenue rose to \u20b918,763.87 crore in the fourth quarter of 2018-19 fiscal year when compared with \u20b915,430.69 crore net profit in the year-ago period. The board [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-276324","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/276324","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=276324"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/276324\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=276324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=276324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=276324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}