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GAIL logs 28% sequential growth in Q4 net profit
By IANS |
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Growth chart. (File Photo: IANS). Image Source: IANS News
New Delhi, June 9 : GAIL (India) Ltd on Wednesday reported a 28 per cent growth in its net profit for the January-March period, on a quarter-on-quarter basis, at Rs 1,908 crore.
During the Q3 of FY21, the state-run natural gas major had reported a net profit of Rs 1,487 crore.
A company statement said that it recorded a turnover of Rs 15,472 crore in Q4 FY21 in comparison to Rs 15,386 crore in Q3 FY21.
The net profit for FY21 was Rs 6,136 crore.
It noted that the petrochemical business has shown better performance with more than 100 per cent capacity utilisation.
Photo Credit: IANS
IANSLive
New Delhi, June 9 (IANS) GAIL (India) Ltd on Wednesday reported a 28 per cent growth in its net profit for the January-March period, on a quarter-on-quarter basis, at Rs 1,908 crore.
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NBCC submits revised bid for Jaypee Infratech
By IANS |
Published on
Tue, May 11 2021 19:36 IST |
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NBCC submits revised bid for Jaypee Infratech. . Image Source: IANS News
New Delhi, May 11 : NBCC (India) Ltd on Tuesday said that it has submitted a revised bid for the insolvent Jaypee Infratech. In consideration of further discussions and meetings with financial creditors and other stakeholders, NBCC has again submitted the revised Resolution Plan for Jaypee Infratech Limited on May 10, 2021, NBCC said in a regulatory filing.
In April, both the state-run construction major and Suraksha Realty had submitted fresh resolution plans for Jaypee Infratech.
The development came after the Supreme Court on March 24 extended the timeline for the resolution of Jaypee Infratech Ltd (JIL) by another 45 days and directed the interim resolution professional to invite fresh bids from NBCC and Suraksha Realty.
Agreement signed with the state-owned company of the Government of Maldives, for design, finance and construction of 2,000 social housing units in Hulhumale island of Maldives