GAIL’s 3rd Quarter of FY 2013-14
CORPORATE GAIL (INDIA) LIMITED GAIL’s Turnover (net of Excise) for 3 rd Quarter of FY 2013-14 rises by 28 % Profit Before Tax up 32 %; Net Profit up 31 % to Rs 1,679 crore for 3 rd Quarter GAIL’s nine months Turnover (net of Excise) up by 22 % GAIL (India) Limited recorded 32 percent rise in its Profit Before Tax, 31 per cent increase in Net Profit and 28 percent growth in Turnover (net of excise duty) in the third quarter of Financial Year 2013-14 as against the corresponding period last year. The Turnover (net of excise duty) recorded by India’s leading Natural Gas company in the third quarter of FY 2013-14 stood at Rs. 15,980 crore as against Rs.12,474 crore in the corresponding period last year. The Net Profit increased to Rs. 1,679 crore, up from Rs. 1,285 crore during the same period. The Gross Margin increased by 16 percent to Rs. 2,498 crore in t...