{"id":577900,"date":"2023-05-19T11:04:03","date_gmt":"2023-05-19T05:34:03","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=577900"},"modified":"2023-05-19T13:12:16","modified_gmt":"2023-05-19T07:42:16","slug":"gail-q4-profit-slumps-by-77-to-rs-604-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gail-q4-profit-slumps-by-77-to-rs-604-crore\/","title":{"rendered":"GAIL Q4 profit slumps by 77% to Rs 604 crore"},"content":{"rendered":"<p>The country\u2019s largest gas distributor GAIL (India) Limited\u2019s net profit for the quarter ended March 2023 slumped by 77.5 per cent year-on-year to Rs 603.52 crore due to higher expenses.<\/p>\n<p>For the full year 2022-23, the company\u2019s net profit dipped to Rs 5,302 crore as against Rs 10,364 crore recorded in 2021-22 in FY22.<\/p>\n<p>A sharp jump in expenses has hurt the company\u2019s profit. GAIL\u2019s total expenses surged to Rs 33,284 crore for the quarter ended March 2023 as compared to Rs 23,846 crore recorded in the same period last year.<\/p>\n<p>The company\u2019s revenue from operations jumped to Rs 1.44 lakh crore in 2022-23 from Rs 91,646 crore recorded in 2021-22.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The country\u2019s largest gas distributor GAIL (India) Limited\u2019s net profit for the quarter ended March 2023 slumped by 77.5 per cent year-on-year to Rs 603.52 crore due to higher expenses. For the full year 2022-23, the company\u2019s net profit dipped to Rs 5,302 crore as against Rs 10,364 crore recorded in 2021-22 in FY22. A sharp jump in expenses has hurt the company\u2019s profit. GAIL\u2019s total expenses surged to Rs 33,284 crore for the quarter ended March 2023 as compared to Rs 23,846 crore recorded in the same period last year. The company\u2019s revenue from operations jumped to Rs 1.44 [&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":[146,130,177],"tags":[],"class_list":["post-577900","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/577900","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=577900"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/577900\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=577900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=577900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=577900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}