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GAIL (India) reports 3- fold jump in Q1 consolidated net profit

05 Aug 2021 Evaluate

GAIL (India) has reported results for first quarter ended June 30, 2021.

The company has reported 6- fold jump in its net profit at Rs 1529.92 crore for the quarter under review as compared to net profit of Rs 255.51 crore for the same quarter in the previous year. Total income of the company increased by 42.63% at Rs 17584.21 crore for Q1FY22 as compared Rs 12328.80 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 3- fold jump in its net profit attributable to equity holders at Rs 2137.75 crore for the quarter under review as compared to net profit of Rs 654.33 crore for the same quarter in the previous year. Total income of the company increased by 43.47% at Rs 17702.43 crore for Q1FY22 as compared Rs 12339.12 crore for the corresponding quarter previous year.

Peers
Company Name CMP
GAIL (India) 175.00
Gujarat Energy 254.75
Indraprastha Gas 153.45
Mahanagar Gas 1101.05
Adani Total Gas 602.90
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