GAIL Q2 FY24 Results Today
GAIL Q2 results show revenue up from 33,000.79 crores to 33,255.02 crores, a 0.77% increase in growth. EPS rose from ₹2.73 to ₹3.72, up by 36.26%.
Quarter-on-Quarter Basis Results (Q2 FY2024):
GAIL shared its Q2 results on Tuesday. They earned 33,255.02 crores in revenue this quarter, but that’s more than the 33,000.79 crores they made last quarter. The company’s growth increased by 0.77 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 2,444.05 crores, up from 1791.85 crores in the previous quarter. Their quarter-to-quarter growth increased by 36.40 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹3.72, which is an increase of 36.26% from the ₹2.73 EPS in the previous quarter.
Year-over-Year Basis Results (Q2 FY2024):
The company made a total revenue of 33,255.02 crores this year (2023), which is 14.66 percent lower than last year’s total revenue of 38,969.88 crores.
This year’s PAT (Profit After Tax) is 2,444.05 crores, which is also 85.84% higher than last year’s PAT of 1,315.11 crores.
The EPS (Earnings Per Share) for this year is ₹3.72, which is 86.00% more than the EPS of ₹2.00 earned last year.
Year-over-Year Basis Results (Half Year Ended FY2024):
In the first half of 2023, the company generated a total revenue of 66,255.81 crores, marking a 13.96% decrease compared to the previous year’s 77,003.18 crores.
The PAT (Profit After Tax) for this half-year stands at 4235.90 crores, showing a 7.11% growth over the previous year’s 4560.06 crores.
The EPS (Earnings Per Share) for this half-year is ₹6.44, representing a 6.80% decrease from the previous half-year’s EPS of ₹6.91.
GAIL Share Dividend Announcement / Record Date:
The record date for the dividend has not arrived yet.
About GAIL:
GAIL (India) Limited, often referred to as GAIL, is a government-owned enterprise dedicated to the development and distribution of natural gas within India. Established in August 1984, it operates as a Central Public Sector Undertaking (PSU) under the jurisdiction of the Ministry of Petroleum & Natural Gas (MoP&NG).
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