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GAIL India Q4 Results: Profit Drops On Higher Operational Costs; Margin Falls

GAIL's Q4 net profit was down 81.5% YoY to Rs 642.74 crore.

Vikas Srivastava

GAIL India Ltd. (Source: Company website)

Gail (India) Ltd.’s consolidated net profit for the fourth quarter of fiscal 2023 declined more than two-third over the year ago period, as overall cost of operations rose and margin tumbled.

Also Read: GAIL India Signs Pact With Shell To Explore Ethane Sourcing

Also Read: Gas Regulator Hikes GAIL's Integrated Pipeline Tariff

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GST Rejig: Post-Sale Discounts To Dealers Not Subject To GST, Says CBIC

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