GAIL (India) announced a drop in standalone net profit for the quarter ended September 2015. During the quarter, the profit of the company declined 66.19% to Rs 4,405.10 million from Rs 13,029.00 million in the same quarter last year.
Revenues for the quarter rose marginally 0.33% to Rs 144,666.80 million, compared with Rs 144,185 million for the prior year period.
Operating margin for the quarter stood at 5.84 percent as compared to 14.03 percent for the previous year period. Operating Income for the quarter was Rs 8,444.20 million, compared with Rs 20222.3 million in the previous year period.
Earnings per share for the quarter stood at Rs 3.00, registering 70.00% decline over previous year period.
Quarterly Results - Standalone (Rs in mn) |
As at | Sep - 15 | Sep - 14 | %Change |
Revenues | 144,666.80 | 144,185.30 | 0.33 |
Net Profit | 4,405.10 | 13,029.00 | (66.19) |
Diluted EPS | 3.00 | 10.00 | (70.00) |
Shares of the company declined Rs 3.7, or 1.19%, to settle at Rs 306.30. The total volume of shares traded was 31,311 at the BSE (Tuesday).