{"id":359175,"date":"2020-06-25T10:16:46","date_gmt":"2020-06-25T04:46:46","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=359175"},"modified":"2020-06-25T10:24:13","modified_gmt":"2020-06-25T04:54:13","slug":"gail-consolidated-profit-before-tax-rises-62-in-q4-to-rs-3598-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gail-consolidated-profit-before-tax-rises-62-in-q4-to-rs-3598-crore\/","title":{"rendered":"GAIL consolidated profit before tax rises 62% in Q4 to Rs 3,598 crore"},"content":{"rendered":"<p>State-run GAIL (India) has posted 62 per cent increase in its consolidated profit before tax (PBT) in Q4 of 2019-20 (FY20) ended March to Rs 3,598.7 crore, compared to Rs 2,226.8 crore during the same period last year. <\/p>\n<p>The consolidated revenue for the period under review has seen a decline by 6 per cent, from Rs 19,078.3 crore during the January-March quarter of 2018-19 (FY19) to Rs 17,938 crore in the fourth quarter of FY20. For FY20, the consolidated PBT increased 6 per cent from Rs 9,831.19 crore to Rs 10,428.94 crore. Its consolidated revenue from operations stood at Rs 72,567.7 crore, down 5 per cent, from Rs 76,234.1 crore in FY19. Manoj Jain, CMD, GAIL (India), said lower price realisation from key segments \u2014 petrochemicals and natural gas \u2014 had an impact on its financial numbers. On the other hand, profit was owing to the adoption of a lower tax regime.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-run GAIL (India) has posted 62 per cent increase in its consolidated profit before tax (PBT) in Q4 of 2019-20 (FY20) ended March to Rs 3,598.7 crore, compared to Rs 2,226.8 crore during the same period last year. The consolidated revenue for the period under review has seen a decline by 6 per cent, from Rs 19,078.3 crore during the January-March quarter of 2018-19 (FY19) to Rs 17,938 crore in the fourth quarter of FY20. For FY20, the consolidated PBT increased 6 per cent from Rs 9,831.19 crore to Rs 10,428.94 crore. Its consolidated revenue from operations stood at Rs [&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":[135,130,169],"tags":[],"class_list":["post-359175","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/359175","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=359175"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/359175\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=359175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=359175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=359175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}