GAIL (India) reports 47% fall in Q4 consolidated net profit
10th Jun 2021

GAIL (India) has reported results for fourth quarter and year ended March 31, 2021.

The company has reported a fall of 36.79% in its net profit at Rs 1907.67 crore for the quarter under review as compared to Rs 3018.20 crore for the same quarter in the previous year. Total income of the company decreased by 11.77% at Rs 16117.48 crore for Q4FY21 as compared Rs 18268.23 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported fall of 47.41% in its net profit attributable to equity holders at Rs 2486.62 crore for the quarter under review as compared to Rs 4728.37 crore for the same quarter in the previous year. Total income of the company decreased by 14.23% at Rs 16204.69 crore for Q4FY21 as compared Rs 18893.64 crore for the corresponding quarter previous year.

For the year ended March 31, 2021, the company has reported a fall of 26.14% in its net profit at Rs 4890.18 crore as compared to Rs 6620.63 crore for the previous year. Total income of the company decreased by 19.85% at Rs 58742.25 crore for year under review as compared to Rs 73293.19 crore for year ended March 31, 2020.

For the year ended March 31, 2021, on the consolidated basis, the company has reported a fall of 34.87% in its net profit attributable to equity holders at Rs 6136.35 crore as compared to Rs 9422.05 crore for the previous year. Total income of the company decreased by 21.00% at Rs 58548.46 crore for year under review as compared to Rs 74114.13 crore for year ended March 31, 2020.