• GAIL reported 37% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended June (Q1FY23).On a year-on-year (YoY) basis, it witnessed a growth of 115%.
  • Its expenses for the quarter were up by 44% QoQ and 119% YoY.
  • The net profit decreased by 6% QoQ and increased by 51% on a YoY basis.
  • The earnings per share (EPS) of GAIL stood at 7.3 during Q1FY23.

GAIL’s Financial Statements for Q1FY23:

(Rs, crores) Q1FY22 Q4FY22 Q1FY23 QoQ (%) YoY (%)
Total Income 17,702 27,690 38,033 37% 115%
Total Expenses 15,592 23,740 34,131 44% 119%
Profit before tax 2,540 4,375 4,230 -3% 67%
Tax 383 902 979 9% 156%
Profit after tax 2,157 3,474 3,251 -6% 51%
Earnings per share 4.8 7.8 7.3    

Data Source: BSE, Company announcements

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