GAIL’s Turnover increases 5% to Rs. 24,996 crore in FY 2009-10

GAIL (India) Limited has recorded sustained performance in key
physical as well as financial parameters in the Financial Year
2009-10. According to the audited figures, Turnover (net of excise
duty) in the year 2009-10 increased by 5 per cent to Rs. 24,996 crore
from Rs. 23,898 crore in FY 2008-09. The Profit Before Tax during the
year 2009-10 increased by 9 percent to Rs. 4,578 crore from Rs. 4,204
crore in the previous year. The Profit After Tax during the year
2009-10 increased by 12% to Rs. 3,140 crore from Rs. 2804 crore in the
previous year. The Gross Margin during the year 2009-10 increased by 7
percent to Rs. 5,210 crore from Rs. 4,851 crore. The Board of
Directors has recommended payment of total dividend at the rate of 75
percent on the paid-up share capital of the Company for FY 2009-10
inclusive of 20 percent interim dividend already paid.

Read More: Source : Energetica-India : International Magazine on Renewable & Conventional Power Generation | Transmission | Distribution