India’s largest natural gas company GAIL (India) has announced financial results for the year ended 31 Mar ’21.
Highlights:
- Gas major posts 28% quarter-on-quarter growth in net profit at INR 1,908 cr in Q4 against INR 1,487 cr in Q3.
- Company reports revenue at INR 15,449 cr in Q4 FY ’21, marginally lower by 0.1% on a sequential basis.
- Company’s EBITDA rises 28% q-o-q to INR 2,465 cr in Q4.
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