GAIL Q4 Results: Net jumps 40% on higher gas margins

State gasoline utility on Friday reported a 40 per cent leap in its March quarter web revenue as margins on pure gasoline gross sales rose. Web revenue in January-March at Rs 2,683.11 crore was larger than Rs 1,907.67 crore in the identical interval a yr again, based on the corporate’s regulatory submitting.

Income from operations rose to Rs 26,968.21 crore from Rs 15,549.07 crore in January-March 2021.

For the total fiscal ending March 31, the corporate reported its highest ever web revenue of Rs 10,363.97 crore, towards Rs 4,890.18 crore within the earlier yr.

Pre-tax earnings from pure gasoline advertising jumped to Rs 1,725.93 crore within the fourth quarter of 2021-22, up from Rs 280.89 crore a yr again