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Business

GAIL clocks net profit of Rs 2,672 crore in Q2

November 05, 2024 07:01 PM

New Delhi, Nov 5 || Government-owned gas giant GAIL (India) Ltd reported revenue from operations of Rs 66,622 crore for the April–September period of the current financial year as compared to Rs 64,050 crore in the same period of 2023-24.

Profit before Tax (PBT) for the first half of (H1) FY25 stood at Rs 7,095 crore as compared to Rs 5,019 crore for the corresponding period in the previous year. The company’s profit after tax (PAT) stood at Rs 5,396 crore in H1 FY25 as compared to Rs 3,817 crore in the corresponding period of the previous year.

"GAIL has witnessed its highest ever half-yearly EBITDA, PBT & PAT in H1 FY2025," the company said in a statement.

The quarter-on-quarter figures show the company’s revenue from operations at Rs 32,931 crore in Q2 FY-25 as against Rs 33,692 crore in Q1 FY-25. PBT stood at Rs 3,453 crore in Q2 FY-25 as against Rs 3,642 crore during Q1 FY-25. PAT stood at Rs 2,672 crore in Q2 FY-25 as against Rs 2,724 crore in Q1 FY-25.

 

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