GAIL PAT jumps 28 pc to Rs 1,908 crore in Q4 ANI | Updated: Jun 09, 2021 17:50 IST
New Delhi [India], June 9 (ANI): GAIL India on Wednesday reported profit after tax of Rs 1,908 crore in the January to March quarter (Q4 FY21), up 28 per cent from Rs 1,487 crore in Q3 FY21.
The turnover totalled Rs 15,472 crore as compared to Rs 15,386 crore while profit before tax was Rs 2,612 crore as against Rs 1,868 crore in the same period.
For the whole year 2020-21, the standalone turnover, PBT and PAT stood at Rs 56,529 crore, Rs 6,386 crore and Rs 4,890 crore respectively.
The consolidated group turnover for FY 2021 stood at Rs 57,208 crore, PBT was Rs 7,725 crore and PAT was Rs 6,136 crore.
Jefferies said a sustained strong performance by the petrochemical vertixal will improve the likelihood of O2C business stake sale in FY22 and may lead to a reversal of the 40 per cent underperformance in the Nifty pack.
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