GAIL FY 23 results
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GAIL FY23 results

GAIL FY23 results

Gas marketing volume stood at 96.46 MMSCMD as against 89.89 MMSCMD in previous quarter

Revenue up 57%
GAIL reports highest ever Annual Revenue of Rs 1,44,302 crore
NEW DELHI,
GAIL annual revenue up 57% at Rs 1,44,302 crore in FY23
, Natural gas transmission volume stood at 108.23 MMSCMD in Q4 FY23
Thesynergyonline Corporate Bureau

GAIL (India) reported Revenue from Operations of Rs 1,44,302 crores in FY23 as against Rs 91,646 crores in FY22. .

GAIL reports highest ever Annual Revenue of Rs 1,44,302 crore

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Press Conference

Members on the GAIL board at annual press conference announcing company's financial results for FY23

Living on purpose

"Profits will flow in ABUNDANCE to those LIVING on purpose! Profit always follows PURPOSE!" ― Doug Wood, Church Boy to Millionaire: How to Find Personal Freedom and Liberate Your Millionaire Mindset for Massive Impact

Profit After Tax

"Profits are determined by productivity; by value added and by efficiencies and effectiveness." ― Hendrith Smith

Q-o_Q revenue from operations

Quarter on Quarter basis, Revenue from Operations was reported at Rs 32,858 crores in Q4 FY23 as against Rs 35,380 crores in Q3 FY23 .

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Profit before Tax (PBT) in FY23 stood at Rs 6,584 crores as against Rs 13,590 crores in FY22. Profit after Tax (PAT) in FY23 stood at Rs 5,302 crores as against Rs 10,364 crores in FY22.

Quarter on Quarter basis, Revenue from Operations was reported at Rs 32,858 crores in Q4 FY23 as against Rs 35,380 crores in Q3 FY23. PBT registered a growth of 165 per cent to Rs 591 crore in Q4 FY23 as against Rs223 crore during Q3 FY23. PAT increased by 146 per cent to Rs 604 crore in Q4 FY23 as against Rs 246 crore in Q3 FY23.

Quarter on Quarter basis, Revenue from Operations was reported at Rs 32,858 crores in Q4 FY23 Revenue from operations

Quarter on Quarter basis, Revenue from Operations was reported at Rs 32,858 crores in Q4 FY23 as against Rs 35,380 crores in Q3 FY23. PBT registered a growth of 165 per cent to Rs 591 crore in Q4 FY23 as against Rs223 crore during Q3 FY23. PAT increased by 146 per cent to Rs 604 crore in Q4 FY23 as against Rs 246 crore in Q3 FY23. .

Gas marketing volume

Act on your values

During the quarter, Natural gas transmission volume stood at 108.23 MMSCMD in Q4 FY23

Gas marketing volume stood at 96.46 MMSCMD as against 89.89 MMSCMD in previous quarter. LHC sales stood at 230 TMT as against 248 TMT & Polymer sales stood at 118 TMT as against 65 TMT in comparison to previous quarter.

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Sandeep Kumar Gupta, GAIL CMD:

The company has incurred its highest ever Capex of Rs 9,100 crore in FY 2022-23 mainly on Pipelines, Petrochemicals, Equity to JVs, etc. which is 15 per cent higher than annual target of Rs 7,918 crore. The company has aso successfully implemented Unified Tariff from April 1, 2023 which will help India to achieve the One Nation One Grid One tariff model and also boost the gas consumption in distant areas , said Mr Sandeep Kumar Gupta, Chairman & Managing Director, GAIL (India),

GAIL reports highest ever Annual Revenue of Rs 1,44,302 crore
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