GAIL Q1 results show revenue fell from 33810.67 crores to 33000.79 crores, a -2.40% decrease in growth. EPS rise from ₹0.96 to ₹2.73, up by 184.38%.
First, Let’s Begin with Quarter-on-Quarter Basis:
GAIL shared its Q1 results on Monday. They earned 33000.79 crores in revenue this quarter, but that’s less than the 33810.67 crores they made last quarter. Unfortunately, the company’s growth decreased by -2.40 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 1791.85 crores, up from 642.74 crores in the previous quarter. Their quarter-to-quarter growth increased by 178.78 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹2.73, which is an increase of 184.38% from the ₹0.96 EPS in the previous quarter.
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 33000.79 crores this year (2023), which is -13.23 percent lower than last year’s total revenue of 38033.30 crores.
This year’s PAT (Profit After Tax) is 1791.85 crores, which is also -44.92% lower than last year’s PAT of 3252.95 crores.
The EPS (Earnings Per Share) for this year is ₹2.73, which is -44.17% less than the EPS of ₹4.89 earned last year.
Also Read: Navin Fluorine Q1FY24 Results: Consolidated PAT Down to Rs. 61.53 Cr
GAIL Share Dividend Announcement / Record Date:
The record date for the dividend has not arrived yet.
About GAIL:
GAIL (India) Limited holds the distinction of being India’s foremost natural gas company, with a wide range of interests spanning the entire natural gas value chain. These interests include trading, transmission, LPG production and transmission, LNG re-gasification, petrochemicals, city gas, and E&P (exploration and production).
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