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GAIL India reports 13% rise in Q3 consolidated net profit

10 Feb 2020 Evaluate

GAIL India has reported results for third quarter ended December 31, 2019.

The company has reported a fall of 25.61% in its net profit at Rs 1,250.65 crore for the quarter under review as compared to Rs 1,681.23 crore for the same quarter in the previous year. Total income of the company decreased by 10.20% at Rs 18,081.19 crore for Q3FY20 as compared Rs 20,135.93 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 12.80% in its net profit attributable to equity holder at Rs 2,024.66 crore for the quarter under review as compared to Rs 1,794.96 crore for the same quarter in the previous year. However, total income of the company decreased by 11.12% at Rs 18,094.15 crore for Q3FY20 as compared Rs 20,358.52 crore for the corresponding quarter previous year.


Peers
Company Name CMP
GAIL (India) 168.70
Gujarat Energy 224.10
Indraprastha Gas 145.25
Mahanagar Gas 1047.25
Adani Total Gas 577.25
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