{"id":534400,"date":"2022-11-05T09:44:37","date_gmt":"2022-11-05T04:14:37","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=534400"},"modified":"2022-11-05T10:09:01","modified_gmt":"2022-11-05T04:39:01","slug":"gail-q2-net-profit-down-46-on-higher-prices-russian-gas-disruption","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gail-q2-net-profit-down-46-on-higher-prices-russian-gas-disruption\/","title":{"rendered":"GAIL Q2 net profit down 46% on higher prices, Russian gas disruption"},"content":{"rendered":"<p>State-run Gas Authority of India (GAIL) on Friday reported a 46 per cent drop in net profit during the second quarter (July-September), as higher global gas prices and disruption in supply from Russian energy giant Gazprom hurt business. <\/p>\n<p>Net profit stood at Rs 1,537.07 crore in the July-September quarter compared to Rs 2,862.95 crore in the same period a year back. The profit was sequentially down 47.2 per cent from the Rs 2,915.19 crore figure in the April-June quarter. <\/p>\n<p>While EBITDA was down 59.4 per cent quarter-on-quarter, margins slipped to 4.6 per cent in the second quarter of the current fiscal from 11.6 per cent in the previous April-June quarter. Revenue from operation was up 79 per cent to Rs 38,390.89 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-run Gas Authority of India (GAIL) on Friday reported a 46 per cent drop in net profit during the second quarter (July-September), as higher global gas prices and disruption in supply from Russian energy giant Gazprom hurt business. Net profit stood at Rs 1,537.07 crore in the July-September quarter compared to Rs 2,862.95 crore in the same period a year back. The profit was sequentially down 47.2 per cent from the Rs 2,915.19 crore figure in the April-June quarter. While EBITDA was down 59.4 per cent quarter-on-quarter, margins slipped to 4.6 per cent in the second quarter of the current [&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-534400","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\/534400","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=534400"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/534400\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=534400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=534400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=534400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}