{"id":577933,"date":"2023-05-19T12:56:14","date_gmt":"2023-05-19T07:26:14","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=577933"},"modified":"2023-05-19T13:13:46","modified_gmt":"2023-05-19T07:43:46","slug":"gail-india-ltd-reports-77-5-per-cent-slump-in-quarterly-profit","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gail-india-ltd-reports-77-5-per-cent-slump-in-quarterly-profit\/","title":{"rendered":"Gail India Ltd reports 77.5 per cent slump in quarterly profit"},"content":{"rendered":"<p>GAIL (India) Ltd, the country\u2019s largest gas distributor, reported a 77.5 per cent slump in its quarterly profit on Thursday, dented by weakness in its petrochemicals segment.<\/p>\n<p>The company\u2019s standalone profit after tax slumped to Rs 6.04 billion ($73.86 million) in the quarter ended March 31, from Rs 26.83 billion a year earlier.<\/p>\n<p>The state-owned gas company\u2019s revenue from operations rose about 22 per cent to Rs 328.58 billion. Still, its petrochemicals segment saw a 46 per cent drop in sales.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GAIL (India) Ltd, the country\u2019s largest gas distributor, reported a 77.5 per cent slump in its quarterly profit on Thursday, dented by weakness in its petrochemicals segment. The company\u2019s standalone profit after tax slumped to Rs 6.04 billion ($73.86 million) in the quarter ended March 31, from Rs 26.83 billion a year earlier. The state-owned gas company\u2019s revenue from operations rose about 22 per cent to Rs 328.58 billion. Still, its petrochemicals segment saw a 46 per cent drop in sales.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,215,148],"tags":[],"class_list":["post-577933","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-telegraph","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/577933","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=577933"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/577933\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=577933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=577933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=577933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}