on year-on-year basis
GAIL recorded PAT of Rs. 1,122 crore in Q4 FY 18-19 increased by 10 per cent/span>
During the year 2018-19, the total consolidated group turnover stood at Rs. 75,912 crore while the Group PAT was Rs. 6,546 crore. CGD group companies IGL, MGL, GAIL Gas and Petronet LNG continued to add to the group profit. Taking together the impact, Earning per share as per consolidated statement is Rs. 29.03 in FY19 as against Rs. 21.28 per share in the previous year.
All segments contributed ..
Mr B.C.Tripathi, CMD GAIL said that all segments contributed positively to the company's profit during the year. Gas Marketing, Gas Transmission, LHC and Petrochemicals Segments performed better than the last year due to improved physical performance coupled with better realisations in these segments. GAIL's PAT has registered consistent growth of over 30% year on year in each of the last three financial years. CMD GAIL added that GAIL has made a record capex of Rs. 8,300 crore in the current FY 2018-19, mainly in the on-going pipeline projects of 5,500 kms, adding to a total investment of Rs. 32,000 crore in next couple of years. GAIL Gas Ltd, 100% subsidiary of GAIL and its JV's have participated in 9th and 10th rounds of CGD bidding, winning in 15 and 8 Geographical Areas (GAs) respectively. The CGD portfolio will require an Investment of Rs. 12,000 crore. CMD GAIL further added that "GAIL is fully committed to build the Natural Gas Infrastructure in the country hitherto untouched by Green Fuel till last mile connectivity. Pipeline like other Infrastructure has a long gestation period and GAIL would be borrowing substantially by leveraging its strong Balance Sheet to complete the Natural Gas Infrastructure in the larger National Interest."
"There are infinite numbers between 0 and 1. There's .1 and .12 and .112 and an infinite collection of others. Of course, there is a bigger infinite set of numbers between 0 and 2, or between 0 and a million. Some infinities are bigger than other infinities... I cannot tell you how grateful I am for our little infinity. You gave me forever within the numbered days, and I'm grateful." - John Green, The Fault in Our Stars
Mathematics, rightly viewed, possesses not only truth, but supreme beauty, a beauty cold and austere, like that of sculpture, without appeal to any part of our weaker nature, without the gorgeous trappings of painting or music, yet sublimely pure, and capable of a stern perfection such as only the greatest art can show. The true spirit of delight, the exaltation, the sense of being more than Man, which is the touchstone of the highest excellence, is to be found in mathematics as surely as in poetry."
"It is all about numbers. It is all about sequence. It's the mathematical logic of being alive. If everything kept to its normal progression, we would live with the sadness--cry and then walk--but what really breaks us cleanest are the losses that happen out of order." - Aimee Bender, An Invisible Sign of My Own
". . . we come astonishingly close to the mystical beliefs of Pythagoras and his followers who attempted to submit all of life to the sovereignty of numbers. Many of our psychologists, sociologists, economists and other latter-day cabalists will have numbers to tell them the truth or they will have nothing. . . . We must remember that Galileo merely said that the language of nature is written in mathematics. He did not say that everything is. And even the truth about nature need not be expressed in mathematics. For most of human history, the language of nature has been the language of myth and ritual. These forms, one might add, had the virtues of leaving nature unthreatened and of encouraging the belief that human beings are part of it. It hardly befits a people who stand ready to blow up the planet to praise themselves too vigorously for having found the true way to talk about nature." ― Neil Postman, Amusing Ourselves to Death: Public Discourse in the Age of Show Business