GAIL India share price up 2% on improved Q4 numbers

GAIL India

GAIL India share price jumped more than 2 percent intraday on June 10, a day after the state-run company posted a 28.3 percent rise in net profit at Rs 1,908 crore in the March quarter against Rs 1,487.3 crore in the previous quarter.

The company’s revenue was down at Rs 15,449 crore against Rs 15,454.3 crore. Earnings before interest, tax, depreciation and amortization (EBITDA) was up 28.4 percent at Rs 2,465 crore and the margin was up at 16 percent (QoQ)

News Source:- Moneycontrol

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