1
GAIL (India) Ltd.
EARNINGS PERFORMANCE
Q4FY20
REVENUE
PREVIOUS PERIOD
CURRENT PERIOD
-6%
17938
19078
REVENUE
REVENUE
Revenue from operations in fell 6 percent to Rs 17,938 crore compared to year-ago, hit by nationwide lockdown that began in late March.
The natural gas segment saw a 6.1 percent year-on-year increase in revenue to Rs 1,554.2 crore and its earnings before interest & tax (EBIT) rose 15.4 percent to Rs 892.03 crore, the company told BSE.
Natural gas marketing segment registered a 4.6 percent year-on-year decline in revenue at Rs 14,744.88 crore but its EBIT grew by 2.6 percent to Rs 602.64 crore. LPG and liquid hydrocarbons division reported a 2.9 percent YoY rise in revenue at Rs 1,153.91 crore and its EBIT jumped 26.9 percent to Rs 528.14 crore.
EBITDA
PREVIOUS PERIOD
CURRENT PERIOD
4452
2737
+63%
EBITDA
EBITDA
Its operating performance was strong as earnings before interest, tax, depreciation and amortisation (EBITDA) surged 63% to Rs 4452 crores.
The company reported a tax write-back of Rs 462.50 crore against tax expenses of Rs 617.70 crore in the corresponding quarter of the last fiscal. Its other income fell to Rs 513.22 crore during the quarter compared to Rs 865.88 crore reported in Q4FY19.
PROFIT
PREVIOUS PERIOD
CURRENT PERIOD
4813
1523
+216%
PROFIT
PROFIT
GAIL India reported a 216 percent year-on-year growth in profit for the quarter ended March 2020, driven by tax write-back and strong operating performance. Profit during the quarter increased to Rs 4813 crore from Rs 1523 crore in the same period last year.
SUMMARY
PREVIOUS
CURRENT
17938
19078
MISSES
REVENUE
-6%
4452
2737
+63%
BEATS
EBITDA
4813
1523
BEATS
PROFIT
+216%