GAIL second quarter PAT up 79%, Turnover up 35%

November 2008
Chemical Business;Nov2008, Vol. 22 Issue 11, p65
Trade Publication
The article reports that GAIL (India) Ltd. had a turnover of Rs 6129 crore in the second quarter of fiscal year 2008-2009. It states that this is a 35 percent increase compared to the turnover in the same period of the previous financial year. It mentions that the company also experienced an increase of 79 percent in its net profit, 57 percent in its gross margin and 69 percent in its profit before tax.


Related Articles

  • Feedstock concerns cause Gail profit fall. Lazell, Mark // ICIS Chemical Business;5/8/2006, Vol. 1 Issue 18, p13 

    The article reports on the decline in the operating profits of the petrochemicals unit of Gail India Ltd. Petrochemical sales of the company increased by 4.4%. The government-administered price of natural gas in July 2005 contributed to the positive financial results of the company. The company...

  • Window on Financial Developments in Chemical Industries. Dessai, Suresh Thakur // Chemical Business;May2006, Vol. 20 Issue 5, p19 

    Reports on the financial performance of chemical companies in India. Drop on the profit after tax profit of GAIL (India) Ltd.; Increase in the turnover and profits of Orchid Chemicals and Pharmaceuticals Ltd. due to the products introduced by the company into the U.S. market; Decline in the net...

  • European Chemical Profits Improve on Strong Demand. WALSH, KERRI; YOUNG, IAN // Chemical Week;10/25/2010, Vol. 172 Issue 26, p19 

    The article reports on the strong financial performance of chemical companies in Europe in the third quarter of 2010. The growth in the European chemical companies' sales and earnings were attributed to improved demand, volumes and improved selling prices. However, the article reveals that...

  • GAIL second quarter PAT at Rs. 713 crore turnover at Rs. 6,202 crore.  // Chemical Business;Nov2009, Vol. 23 Issue 11, p76 

    This article reports on the turnover growth posted by GAIL (India) Limited in the second quarter of fiscal year 2009-10. For the quarter, GAIL posted a net profit of 713 crore rupees, while its gross margin was 1,187 crore rupees. Particular focus is given to the revenues posted by the company's...

  • GAIL net rises 240% to Rs 860 crore.  // Chemical Business;Feb2010, Vol. 24 Issue 2, p67 

    The article reports on the growth in the net profit of GAIL (India) Ltd. by 240% to about 860 crore rupees during the quarter ended December 31, 2009 with the help of its reduced under-recoveries and higher gas volumes.

  • Gail posts 19% rise in net profit. Marphatia, Ravi // Paintindia;Dec2011, Vol. 61 Issue 12, p72 

    The article reports on the 19 percent increase in the net profit of India's state-owned Gail India for the quarter ended September 20, 2011.

  • GAIL profit jumps 35% in Q1.  // Chemical Business;Aug2010, Vol. 24 Issue 8, p60 

    The article reports that GAIL Ltd. has posted a 35 percent rise in its net profit for the first quarter of 2010.

  • GAIL India net profit drops 10%.  // Chemical Business;Nov2012, Vol. 26 Issue 11, p42 

    The article reports on the 10% decline in net profit of state-owned gas utility GAIL India Ltd. for the July-September 2012 quarter due to higher fuel subsidy and decline in gas transmission volumes.

  • Gail to re-examine HPL forecast.  // Asian Chemical News;3/3/2003, Vol. 9 Issue 391, p12 

    Reports on the decision of Gail to re-examine its estimates for the future financial performance of Haldia Petrochemicals Ltd. (HPL) as a result of consultant Nexant Chem Systems' report in 2003. Projected earnings of HPL; Total production targeted by Gail.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics