GLOBAL NEWSMAKERS

GAIL (India) Ltd reported Revenue from Operations of ₹1,44,302 crores in FY23 as against ₹91,646 crores in FY22. Profit before Tax (PBT) in FY23 stood at ₹6,584 crores as against ₹13,590 crores in FY22. Profit after Tax (PAT) in FY23 stood at ₹5,302 crores as against ₹10,364 crores in FY22.

Quarter on Quarter basis, Revenue from Operations was reported at ₹32,858 crores in Q4 FY23 as against ₹35,380 crores in Q3 FY23. PBT registered a growth of 165% to ₹591 crore in Q4 FY23 as against ₹223 crore during Q3 FY23. PAT increased by 146% to ₹604 crore in Q4 FY23 as against ₹246 crore in Q3 FY23.

During the quarter, Natural gas transmission volume stood at 108.23 MMSCMD in Q4 FY23 as against 103.74 MMSCMD in Q3 FY23. Gas marketing volume stood at 96.46 MMSCMD as against 89.89 MMSCMD in previous quarter. LHC sales stood at 230 TMT as…

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