Gail (India) has reported results for fourth quarter and year ended March 31, 2014.
The company has posted a rise of 57.24% in its net profit at Rs 972.03 crore for the quarter ended March 31, 2014 as compared to Rs 618.18 crore for the same quarter in the previous year. Total income of the company increased by 17.56% at Rs 14977.89 crore for quarter under review as compared to Rs 12740.29 crore for the quarter ended March 31, 2013.
For the year ended March 31, 2014, the company has posted a jump of 8.77% in its net profit at Rs 4375.27 crore as compared to Rs 4022.20 crore for the same period in the previous year. Total income of company improved by 25.95% at Rs 58406.45 crore for year under review as compared to Rs 48287.20 crore for the period ended March 31, 2013.
For the year ended March 31, 2014, on the consolidated basis, the company has posted a rise of 9.43% in its net profit at Rs 4786.22 crore as compared to Rs 4373.60 crore for the same period in the previous year. Total income of company has increased by 21.01% at Rs 62836.52 crore for year under review as compared to Rs 51923.71 crore for the period ended March 31, 2013.
