{"id":632025,"date":"2024-01-30T09:51:18","date_gmt":"2024-01-30T04:21:18","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=632025"},"modified":"2024-01-30T11:45:05","modified_gmt":"2024-01-30T06:15:05","slug":"gail-q3-results-consolidated-net-profit-jumps-700-to-rs-3193-cr","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gail-q3-results-consolidated-net-profit-jumps-700-to-rs-3193-cr\/","title":{"rendered":"Gail Q3 results: Consolidated net profit jumps 700% to Rs 3,193 cr"},"content":{"rendered":"<p>State-run gas supplier Gail on Tuesday reported a massive 703 per cent rise in consolidated net profit at Rs 3,193.34 crore in the third quarter (October-December) of 2023-24 (FY24) against Rs 397.59 crore in the year-ago period. Sequentially, its net profit rose 30.75 per cent, up from Rs 2,442.18 crore. <\/p>\n<p>The latest rise in net profits came on a low base as Gail had suffered from disruptions to supply from Russian energy giant Gazprom and higher global gas prices. Case in point, the growth was accompanied by a 3.26 per cent fall in consolidated revenue from operations to Rs 34,767.84 crore in Q3FY24, down from Rs 35,939.96 crore in Q3 FY23.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-run gas supplier Gail on Tuesday reported a massive 703 per cent rise in consolidated net profit at Rs 3,193.34 crore in the third quarter (October-December) of 2023-24 (FY24) against Rs 397.59 crore in the year-ago period. Sequentially, its net profit rose 30.75 per cent, up from Rs 2,442.18 crore. The latest rise in net profits came on a low base as Gail had suffered from disruptions to supply from Russian energy giant Gazprom and higher global gas prices. Case in point, the growth was accompanied by a 3.26 per cent fall in consolidated revenue from operations to Rs 34,767.84 [&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-632025","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\/632025","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=632025"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/632025\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=632025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=632025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=632025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}