GAIL shares rallied over 6.5% post Q2 results, reported revenue of Rs 32,931 crore
Quarter-on-quarter basis, Revenue from Operations was reported at Rs 32,931 crore in Q2 FY-25 as against Rs 33,692 crore in Q1 FY-25.
GAIL shares rallied over 6.5% post Q2 results, reported revenue of Rs 32,931 crore
GAIL (India) Limited reported revenue from operations of Rs 66,622 crore for April – September 2024 compared to Rs 64,050 crore for the corresponding financial year 2023-24.
Profit before Tax (PBT) for H1 FY25 stood at Rs 7,095 crore as compared to Rs 5,019 crore for the corresponding period in the previous year. Profit after Tax (PAT) stood at Rs 5,396 crore in H1 FY25 as compared to Rs 3,817 crore in the corresponding period of the previous year. As per the release, GAIL has witnessed its highest-ever half-yearly EBITDA, PBT & PAT in H1 FY’2025.
Quarter-on-quarter basis, Revenue from Operations was reported at Rs 32,931 crore in Q2 FY-25 as against Rs 33,692 crore in Q1 FY-25. PBT stood at Rs 3,453 crore in Q2 FY-25 as against Rs 3,642 crore during Q1 FY-25. PAT stood at Rs 2,672 crore in Q2 FY-25 as against Rs 2,724 crore in Q1 FY-25.
Read Also : HCL Foundation and UP Government sign MoU to enhance veterinary services in HardoiThe Natural Gas transmission volume stood at 130.63 MMSCMD in Q2 FY-25 & Gas marketing volume was 96.60 MMSCMD in Q2 FY’25. The LHC & Polymer sales stood at 253 TMT & 226 TMT respectively in Q2 FY-25 as compared to 218 TMT & 169 TMT respectively in Q1 FY-25.
In Q2 FY’25, the Petrochemical segment clocked a PBT of Rs 157 crore as against a loss of Rs 42 crore in Q1 FY’25. Shri Sandeep Kumar Gupta, CMD, GAIL mentioned that the Petrochemical segment is expected to be reasonably profitable in FY 2024-25.
On a Consolidated basis, Revenue from Operations stood at Rs 68,803 crore in H1 FY25 as against Rs 65,898 crore during H1 FY24. PBT in H1 FY25 stood at Rs 7,583 crore as against Rs 5,421 crore in H1 FY24. PAT (excluding Non-controlling interest) was Rs 5,876 crore in H1 FY25 as against Rs 4,236 crore in H1 FY24.
Read Also : JN Port Authority records around 12% rise in container traffic in OctoberMoreover, the Company has incurred a Capex of Rs 1,885 crore during the current quarter, mainly on Pipelines, Petrochemicals etc., taking cumulative capex upto H1 FY25 to Rs 3,544 crore, it added in a release.
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