Gail India Limited: This stock took off in the market, investors became rich due to the rise of 6 percent, know how the sudden bullish storm came…
Gail India Limited: The Indian stock market has made a strong recovery before the results of the US Presidential Elections 2024. From the Indian market, due to the earnings season, action is being seen in many special stocks.
GAIL India shares rise
In this sequence, in the trading session on Wednesday, the shares of GAIL India, which is involved in the transmission and distribution business of gas and petroleum, are seen trading with a strong increase of 6 percent.
Due to this rise, the share of GAIL India Limited has reached the level of Rs 209 at 10:14 am. On Tuesday, GAIL India shares closed after trading at Rs 196.
Gail India Limited: Reason for rise in GAIL India's shares
Actually, the shares of GAIL India rose on Wednesday i.e. today because on Tuesday GAIL India Company presented the September quarter results for the financial year 2025. It is believed that Dalal Street investors have liked the September quarter results of the company.
Gail India Limited: Some key figures of GAIL India's September quarter results are as follows.
- 1. Net Profit – GAIL India's net profit in the September quarter has increased by 11 percent year-on-year to Rs 2672 crore.
- 2. Revenue – During the September quarter, GAIL India Company's revenue from operations increased by 3.5 percent year-on-year to Rs 32931 crore.
- 3. Operating profit of gas – During the September quarter, the operating profit of the gas marketing business of GAIL India Company has declined by 26 percent to Rs 1329 crore.
- 4. Gas Transmission Operating Profit- On the other hand, GAIL India Company's operating profit from gas transmission business has increased by 8 percent to Rs 1403 crore in the September quarter.
- 5. Petrochemical Profit- The profit of petrochemical business during the September quarter has been reported to be Rs 158 crore.
- 6. Operating profit of LPG and liquid hydrocarbon business during the September quarter has been reported at Rs 249 crore.
- 7. In the first half of FY 2025, the total capital expenditure of pipeline petrochemicals of GAIL India Company has reached the level of Rs 3544 crore.
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