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GAIL (India) reports 55% fall in Q2 consolidated net profit

04 Nov 2022 Evaluate

GAIL (India) has reported results for second quarter ended September 30, 2022.

The company has reported a fall of 46.31% in its net profit at Rs 1537.07 crore for the quarter under review as compared to Rs 2862.95 crore for the same quarter in the previous year. However, total income of the company increased by 76.27% at Rs 39289.73 crore for Q2FY23 as compared Rs 22289.29 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported fall of 54.58% in its net profit at Rs 1304.61 crore for the quarter under review as compared to Rs 2872.62 crore for the same quarter in the previous year. However, total income of the company increased by 76.68% at Rs 38969.88 crore for Q2FY23 as compared Rs 22056.21 crore for the corresponding quarter previous year.

Peers
Company Name CMP
GAIL (India) 172.00
Gujarat Energy 235.40
Indraprastha Gas 143.35
Mahanagar Gas 1047.60
Adani Total Gas 594.65
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