GAIL makes Rs 511 cr profit in Q4, Rs 3,039 cr in full fiscal

New Delhi. As per the audited financial results for the year 2014-15, GAIL (India) Limited registered a Turnover (net of excise duty) of Rs. 56,569 crore as against Rs. 57,245 crore in the previous fiscal. The gross margin during 2014-15 stood at Rs 5,557 crore as against Rs 7,599 crore last year.

 

The Profit Before Tax during the year was Rs 4,284 crore as against Rs 6,402 crore in the previous year. The Profit After Tax in 2014-15 was Rs 3,039 crore while it was Rs 4,375 crore in the previous year.  The information was shared by GAIL CMD B C Tripathi in a Press conference held here on Wednesday.

 

He added that during the current financial year, sales from natural gas marketing increased to Rs 49,174 crore from Rs 48,922 crore in previous year. The net sales from petrochemicals business have increased by 3% to Rs 4,720 crore as against Rs 4,582 crore in previous year. The net sales from LPG and Liquid Hydrocarbon’s business during the current financial year was Rs 5,053 crore as against Rs 5,462 crore in last year. Revenues from natural gas transmission business stood at Rs 3,349 crore as against Rs 4,104 crore in last year.