Stock Report

Gail India Q4 net profit at Rs.680.73 crores, recommends 20% final dividend



Posted On : 2007-05-08 10:11:27( TIMEZONE : IST )

Gail India Q4 net profit at Rs.680.73 crores, recommends 20% final dividend

Gail India Ltd has announced the Audited results for the quarter & year ended March 31, 2007. The results for the Quarter ended March 31, 2007: The Company has posted a net profit of Rs 6807.30 million for the quarter ended March 31, 2007 as compared to Rs 4092.60 million for the quarter ended March 31, 2006. Total Income has increased from Rs 37442.20 million for the quarter ended March 31, 2006 to Rs 39963.00 million for the quarter ended March 31, 2007.

The results for the Year ended March 31, 2007: The Company has posted a net profit of Rs 23866.70 million for the year ended March 31, 2007 as compared to Rs 23100.70 million for the year ended March 31, 2006. Total Income has increased from Rs 149149.50 million for the year ended March 31, 2006 to Rs 165921.30 million for the year ended March 31, 2007.

The consolidated results for the Year ended March 31, 2007: The Profit for the Group of Rs 25453.20 million for the year ended March 31, 2007 as compared to Rs 24390.50 million for the year ended March 31, 2006. Total Income has increased from Rs 153417.80 million for the year ended March 31, 2006 to Rs 171014.10 million for the year ended March 31, 2007.

The Board of Directors of the Company at its meeting held on May 08, 2007, inter alia, has recommended the payment of final dividend @ 20% on the paid-up equity share capital of the Company for the Financial Year 2006-07.

Source : Equity Bulls

Keywords