GAIL India Q1 2024-25 results: Net profit skyrockets 77.54%, revenue up 6%

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GAIL India recorded a 77.54% rise in its net profit for the first quarter of the financial year 2024-25

GAIL (India) Ltd has announced its first quarter results for the financial year 2024-25 on Tuesday, July 30, 2024.

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How much was GAIL’s revenue and net profit?

The gas giant recorded a consolidated net profit of ₹3,183.35 crore, a gain of 77.54% or ₹1,390.36 compared to the same quarter of the previous year, which was at ₹1,792.99 crore.

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GAIL’s revenue grew to ₹34,821.89 crore, compared to ₹32,848.78 crore in Q1 2023-24. This was an increase of 6% or ₹1,973.11 crore.

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How did GAIL India’s shares perform?

GAIL India’s shares were up 0.75% or by 1.75 points, closing at ₹233.65 on the Bombay Stock Exchange (BSE) after the trading session on Tuesday, July 30, 2024.