GAIL’s Petrochemicals Segment QoQ Sales Grew 37.9% for Q2 FY20-21

GAIL Ltd., state-owned petrochemicals manufacturer based in India announced its results for the second quarter ended September 30, 2020. Petrochemicals Segment Q2 Results- QoQ The segment’s net profit grew to Rs 176.31 crores for the period ended September 30, 2020 as against net loss of Rs 154.43 crores for the previous quarter. Net sales increased … Read more

GAIL India Petchem Segment’s YoY Net Loss Narrows

GAIL India Ltd., one of the major petrochemicals manufacturers based in India announced its results for the first quarter ended June 30, 2020. Petrochemicals Segment Q1 Results- QoQ The company reported a net loss of Rs (154.43) crores ($20.6 million) for the period ended June 30, 2020 as against net profit of Rs 72.36 crores … Read more

GAIL Q4 FY19-20 Net Profit Jumps 171% to $400 Million

GAIL (India) Ltd., one of India’s state-owned natural gas and petrochemicals manufacturer, announced its results for the quarter and financial year ended March 31, 2020. Q4 Results The company’s net profit rose 171% to Rs 3,018 crores ($400 million) for the period ended March 31, 2020 as against Rs 1,112 crores ($147 million) for the … Read more

GAIL India to Invest $1.2 Billion to Build Polypropylene complex

GAIL (India) approved the revival of the existing LPG plant in Usar, Maharashtra and converting it into polypropylene (PP) complex. The planned capacity of the PP complex is 500,000 metric tonnes per annum and will be built with an estimated investment of $ 1.2 billion (Rs 8800 crore), as stated in Business Standard news article. This … Read more