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New Delhi: Gas distribution massive GAIL on Tuesday reported a standalone internet benefit of Rs 2,049 crore for the fourth quarter of the monetary yr ended on March 31, 2025 which represents a 6 in step with cent decline from the corresponding determine of Rs 2,176.97 crore in the similar quarter of the former yr.
The corporate’s board of administrators have declared a last dividend of Re 1 in step with fairness proportion for monetary yr 2024-2025. The corporate’s earnings from operations in the meantime rose to Rs 35,707 crore in January-March quarter up from Rs 32,334.50 crore in the similar quarter of the former yr, whilst EBITDA was once additionally up 13.3 in step with cent at Rs 3,216 crore.
Total source of revenue for the quarter rose to Rs 36,273.87 crore, in comparison to Rs 32,972.10 crore in the similar quarter closing yr. Expenses greater to Rs 33,572.80 crore in This fall FY25, essentially because of upper stock-in-trade purchases amounting to Rs 28,943.92 crore. Profit ahead of tax stood at Rs 2,701.07 crore.
For the overall yr FY25, GAIL reported a internet benefit of Rs 11,312.32 crore, in comparison to Rs 8,836.48 crore in FY24, whilst annual earnings rose to Rs 1,37,287.56 crore from Rs 1,30,638.11 crore.
The value of GAIL stocks was once soaring round Rs 184 on Tuesday. The corporate’s inventory has won round 2.7 in step with cent within the closing month. GAIL had introduced a consolidated internet benefit of Rs 4,084 crore for the October-December of the 2024-25 monetary yr, marking a 28 in step with cent upward thrust from the former yr.
The state-owned fuel distribution corporate’s internet benefit stood at Rs 3,193 crore right through the 3rd quarter closing yr. Revenue from operations noticed a 6.23 in step with cent building up within the quarter, attaining Rs 36,937 crore, up from Rs 34,768 crore within the earlier yr.
GAIL additionally reported an outstanding source of revenue of $285 million, or Rs 2,440 crore, for the quarter from SEFE Marketing and Trading Singapore Pte. Ltd. as a agreement for the withdrawal of arbitration lawsuits, in line with Sandeep Kumar Gupta, Chairman and Managing Director.
“Consequent upon settlement agreement dated January 15, 2025 entered with one of the LNG supplier, which includes payment of USD 285 million by LNG supplier to the company towards settlement of litigation for non-supply of LNG cargoes during FY 2022-23, the company has recognised Rs 2,440.03 crore (USD 285 million) as an exceptional income during the quarter and nine months ended December 31, 2024,” the GAIL commentary stated.
