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BSE   30 Sep 16 | 12:00 AM

374.05 11.1 (3.06%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: 532155
Face Value: N.A.

NSE   30 Sep 16 | 12:00 AM

374.65 11.2 (3.08%)
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Code: GAIL
Performance
1 Week : Rs 389.75 (-4.03%)
1 Month : Rs 392.00 (-4.58%)
1 Year : Rs 294.25 (27.12%)
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GAIL profit dips 38% in Jan-Mar

Press Trust of India / New Delhi 30 May 12 | 05:04 PM

State gas utility GAIL India Ltd today reported 38% drop in its March quarter net profit because of higher fuel subsidy outgo.

The net profit in January-March at Rs 483 crore was down 38% from Rs 783 crore a year ago, GAIL Chairman and Managing Director B C Tripathi told reporters here.

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"Our subsidy outgo rose 51% to Rs 3,183 crore in 2011-12 as against Rs 2,111 crore in the previous year," he said.

Sales rose 18% to Rs 8,894 crore.

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Sensex

Company Price Gain (%)
GAIL (India)374.053.06
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