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GAIL (India) reports above 2- fold jump in Q2 consolidated net profit

29 Oct 2021 Evaluate

GAIL (India) has reported results for second quarter ended September 30, 2021.

The company has reported 2- fold jump in its net profit at Rs 2862.95 crore for the quarter under review as compared to Rs 1239.67 crore for the same quarter in the previous year. Total income of the company increased by 55.13% at Rs 22289.29 crore for Q2FY22 as compared Rs 14368.38 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported above 2- fold jump in its net profit attributed to equityholders of the company at Rs 2883.30 crore for the quarter under review as compared to Rs 1111.78 crore for the same quarter in the previous year. Total income of the company increased by 56.37% at Rs 22056.21 crore for Q2FY22 as compared Rs 14104.80 crore for the corresponding quarter previous year.

Peers
Company Name CMP
GAIL (India) 173.90
Gujarat Energy 241.65
Indraprastha Gas 151.90
Mahanagar Gas 1084.50
Adani Total Gas 594.80
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