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GAIL: All-round show leads to robust Q4, analysts upgrade estimates
Realisations surprised positively, and transmission volumes too, didn't see significant impact of lockdown
GAIL consolidated profit before tax rises 62% in Q4 to Rs 3,598 crore
The consolidated revenue for the period under review has seen a decline by 6 per cent, from Rs 19,078.3 crore during the January-March quarter of 2018-19 (FY19) to Rs 17,938 crore in Q4 FY20
GAIL posts 33% QoQ fall in net profit at Rs 1,122 crore
The company announced a bonus issue in the ratio of 1:1, which means the issuance of one share for every one share held.