Weatherforcast for the next 24 hours: Plenty of Sunshine
Wind: 7km/h SSE; Ther: 21°C; Hum: 82%
GAIL Q2FY22 PAT up 35% at Rs 2,883 crore
GAIL Q2FY22 PAT up 35% at Rs 2,883 crore


















GAIL Q2FY22 PAT up 35% at Rs 2,883 crore
Registered highest ever half yearly turnover and profit in H1 FY 22, clocking a turnover of Rs 38,829 crore
PBT increased by 201 %
to Rs. 5,736 crore in H1
of previous year
On quarterly basis the
turnover increased by 24 %
to Rs 21,477 crore
in Q2 FY22
GAIL Q2FY22 PAT up 35% at Rs 2,883 crore GAIL Q2FY22 PAT up 35% at Rs 2,883 crore

Highlights

GAIL Q2FY22 PAT up 35% at Rs 2,883 crore GAIL Q2FY22 PAT up 35% at Rs 2,883 crore
Highest ever half yearly turnover and profit , turnover of Rs 38,829 crore

Thesynergyone Corporate BUreau

NEW DELHI, OCTOBER 29 : GAIL (India) registered its highest ever half yearly turnover and profit in H1 FY 22, clocking a turnover of Rs. 38,829 crore as against Rs. 25,671 crore in the last fiscal, an increase of 51 per cent. The Profit Before Tax (PBT) increased by 201 per cent to Rs. 5,736 crore vis a vis Rs. 1,907 crore in H1 of previous year. Profit after Tax (PAT) also jumped by 194 per cent to Rs. 4,393 crore for the half year as against Rs. 1,495 crore in H1 FY 21.

On quarterly basis turnover increased by 24%

to Rs 21,477 crore

On quarterly basis the turnover increased by 24 per cent to Rs. 21,477 crore in Q2 FY22 as against Rs. 17,352 crore in Q1 FY22. PBT registered a growth of 79 per cent and stood at Rs. 3,682 crore in Q2 FY22 as against Rs. 2,054 crore in Q1 FY22. PAT increased by 87 per cent to Rs. 2,863 crore in Q2 FY22 as against Rs. 1,530 crore in Q1 FY22.

Physical performance improves

in all segments

In the quarter, the physical performance improved across all segments. Natural Gas Transmission increased to 114.32 MMSCMD in Q2 FY22 as against 107.66 MMSCMD in Q1FY22, up by 6 per cent. Natural Gas Marketing increased to 97.72 MMSCMD in the quarter as against 95.95 MMSCMD in Q1 FY22, up by 2 per cent. Petrochemical production sales was at 221 TMT in the quarter as against 138 TMT in Q1 FY 22, clocking an increase of 60 per cent.

Q2FY22 PAT The PAT in Q2 FY22 is Rs. 2,883 crore vs. Rs. 2,138 crore in Q1 FY22, up by 35 per cent..

On a consolidated basis

turnover in Q2 FY22 was Rs. 21,739 Crore

On a consolidated basis the turnover in Q2 FY22 was Rs. 21,739 Crore in comparison to Rs. 17,551 crore in Q1 of FY22, up by 24 oer cent. The PBT in Q2 FY22 was Rs. 3,728 crore vs. Rs. 2,540 crore in Q1 FY22, up by 47 per cent.

GAI CMD

Mr Manoj Jain

Mr. Manoj Jain, Chairman & Managing Director, GAIL informed that during the H1 FY22, GAIL has incurred a capex of Rs. 3,180 crore mainly on Pipelines, Equity and Petrochemicals etc. He stated that performance of all segments of the company have improved significantly during the quarter and further added that a sustainable future performance is expected.

GAIL Q2FY22 PAT up 35% at Rs 2,883 crore
Visitor Counter