Companies

GAIL (India) net profit up 33 per cent at ₹ 1681.23 crore

Our Bureau New Delhi | Updated on February 05, 2019

Total income of GAIL Ltd was reported at ₹ 20,009.03 crore during the quarter ending December 2018. File photo

Company board recommends 62.50 per cent interim dividend

GAIL (India) Limited has reported a ₹ 1681.23 crore profit for the third quarter of financial year 2018-2019. This is 33 per cent higher than the ₹ 1262.22 crore profit reported by the company in the same quarter of financial year 2017-2018.

In a statement to the exchanges, the company said that the Company Board has declared the payment of interim dividend for the financial year 2018-2019 at 62.60 per cent or ₹ 6.25 per equity share on the paid-up equity share capital of the company. The board has fixed February 13 as the Record Date for the payment of Interim Dividend.

Total income of the company was reported at ₹ 20,009.03 crore during the quarter ending December 2018. This is up 36.16 per cent from the ₹ 14695.09 crore total income reported in the corresponding quarter of the last fiscal.

Published on February 05, 2019

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