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GAIL's profit increases by 10%
May 28, 2019

GAIL's profit increases by 10%

India's GAIL has reported a profit in the fourth quarter. The company's standalone net profit increased by 10% to Rs 1,122 crore. Its revenue from operations witnessed a 22% hike and were Rs 18,764 crore. “The board of directors, in its meeting held on 27th May 2019, has recommended a final dividend of Rs 1.77 per equity share of Rs 10 each amounting to Rs 399.15 crore”, GAIL informed.

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