{"id":512000,"date":"2022-08-05T09:19:05","date_gmt":"2022-08-05T03:49:05","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=512000"},"modified":"2022-08-05T09:40:12","modified_gmt":"2022-08-05T04:10:12","slug":"gail-q1-net-profit-rises-51-to-rs-2157-cr-on-marketing-margin-boost","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gail-q1-net-profit-rises-51-to-rs-2157-cr-on-marketing-margin-boost\/","title":{"rendered":"GAIL Q1 net profit rises 51% to Rs 2,157 cr on marketing margin boost"},"content":{"rendered":"<p>GAIL (India) Ltd, the nation&#8217;s largest gas utility, on Thursday reported a 51 per cent jump in its June quarter net profit on the back of bumper margins from gas marketing.<\/p>\n<p>GAIL posted a consolidated net profit of Rs 3,250.95 crore, or Rs 7.34 per share, in April-June compared to Rs 2,157.15 crore, or Rs 4.81 a share, net profit in the same period a year back, the company said in a regulatory filing.<\/p>\n<p>Sequentially, the profit was lower than Rs 3,473.77 crore net earnings in the January-March quarter.<\/p>\n<p>The rise in year-on-year profit for the nation&#8217;s largest gas transporter and seller was on the back of bumper earnings from natural gas marketing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GAIL (India) Ltd, the nation&#8217;s largest gas utility, on Thursday reported a 51 per cent jump in its June quarter net profit on the back of bumper margins from gas marketing. GAIL posted a consolidated net profit of Rs 3,250.95 crore, or Rs 7.34 per share, in April-June compared to Rs 2,157.15 crore, or Rs 4.81 a share, net profit in the same period a year back, the company said in a regulatory filing. Sequentially, the profit was lower than Rs 3,473.77 crore net earnings in the January-March quarter. The rise in year-on-year profit for the nation&#8217;s largest gas transporter [&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-512000","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\/512000","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=512000"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/512000\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=512000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=512000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=512000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}