GAIL (India) Limited has recorded sustained performance in key physical as well as financial parameters in the Financial Year 2010-11.
According to the audited figures, turnover (net of excise duty) in the year 2010-11 increased by 30 per cent to Rs. 32,459 crore from Rs. 24,996 crore in FY 2009-10. The Profit Before Tax during the year 2010-11 increased by 14 percent to Rs. 5,240 crore from Rs. 4,578 crore in the previous year.
The Profit After Tax during the year 2010-11 increased by 13% to Rs. 3,561 crore from Rs. 3,140 crore in the previous year. The Gross Margin during the year 2010-11 increased by 15 percent to Rs. 5,973 crore from Rs. 5,210 crore.
The Board of Directors has recommended payment of total dividend at the rate of 75 percent on the paid-up share capital of the Company for FY 2010-11 inclusive of 20 percent interim dividend already paid.
Segment-wise revenue
During the current financial year, revenues from Natural Gas Transmission business have increased by 20 percent to Rs. 3,790 crore as against Rs. 3,168 crore in last year. The revenues from LPG transmission during the current financial year have increased by 6 percent to Rs. 475 crore as against Rs. 447 crore in last year.
The sales from Natural Gas Trading during current financial year increased by 37 percent to Rs. 25,667 crore as against Rs. 18,803 crore in last year. The net sales from Petrochemicals business have increased by 2 percent to Rs. 2,960 crore as against Rs. 2,912 crore in last year. The net sales from LPG and Liquid Hydrocarbons business during the current financial was Rs. 2,786 crore as against Rs. 2833 crore in last year.
The increase in net profit during the current financial year was mainly due to the increase in Natural gas Trading and Transmission and increase in petrochemicals sales.
Physical Performance
During the current financial year, the Natural Gas transmission was 117.91 MMSCMD, increased by 10 percent from 106.74 MMSCMD in the last year. The LPG transmission during the current financial year was 3,337 TMT, up by 6 percent from 3,161 TMT in the last financial year.
The Natural Gas sales during the current financial year were 83.23 MMSCMD, up 2 percent from 81.43 MMSCMD in the last year. The LPG and Other Liquid Hydrocarbon production during the current financial year was 1,369 TMT, as against 1440 TMT in the last year. The LPG and Other Liquid Hydrocarbon sales during the current financial year were 1373 TMT, as against 1443 TMT in the last year.
During FY 2010-11, the petrochemical production was 416 TMT as against 417 TMT in the last year. The polymer sales during current financial year were 420 TMT as against 410 TMT in the last year. As per consolidated financial statements, the total group sales (net of Excise Duty) were Rs. 35,107 crore. The consolidated Gross Margin was Rs. 7,065 crore, the Profit Before Tax was Rs. 5,799 crore and Group Profit After Tax was Rs. 4,021 crore.
The Earning Per Share (EPS) was Rs. 28.07 per share in the year 2010-11 as against Rs. 24.75 per share in the year 2009-10. The EPS as per consolidated statement was Rs. 31.70 per share as against Rs. 26.23 per share in the previous year.
According to the audited figures, turnover (net of excise duty) in the year 2010-11 increased by 30 per cent to Rs. 32,459 crore from Rs. 24,996 crore in FY 2009-10. The Profit Before Tax during the year 2010-11 increased by 14 percent to Rs. 5,240 crore from Rs. 4,578 crore in the previous year.
The Profit After Tax during the year 2010-11 increased by 13% to Rs. 3,561 crore from Rs. 3,140 crore in the previous year. The Gross Margin during the year 2010-11 increased by 15 percent to Rs. 5,973 crore from Rs. 5,210 crore.
The Board of Directors has recommended payment of total dividend at the rate of 75 percent on the paid-up share capital of the Company for FY 2010-11 inclusive of 20 percent interim dividend already paid.
Segment-wise revenue
During the current financial year, revenues from Natural Gas Transmission business have increased by 20 percent to Rs. 3,790 crore as against Rs. 3,168 crore in last year. The revenues from LPG transmission during the current financial year have increased by 6 percent to Rs. 475 crore as against Rs. 447 crore in last year.
The sales from Natural Gas Trading during current financial year increased by 37 percent to Rs. 25,667 crore as against Rs. 18,803 crore in last year. The net sales from Petrochemicals business have increased by 2 percent to Rs. 2,960 crore as against Rs. 2,912 crore in last year. The net sales from LPG and Liquid Hydrocarbons business during the current financial was Rs. 2,786 crore as against Rs. 2833 crore in last year.
The increase in net profit during the current financial year was mainly due to the increase in Natural gas Trading and Transmission and increase in petrochemicals sales.
Physical Performance
During the current financial year, the Natural Gas transmission was 117.91 MMSCMD, increased by 10 percent from 106.74 MMSCMD in the last year. The LPG transmission during the current financial year was 3,337 TMT, up by 6 percent from 3,161 TMT in the last financial year.
The Natural Gas sales during the current financial year were 83.23 MMSCMD, up 2 percent from 81.43 MMSCMD in the last year. The LPG and Other Liquid Hydrocarbon production during the current financial year was 1,369 TMT, as against 1440 TMT in the last year. The LPG and Other Liquid Hydrocarbon sales during the current financial year were 1373 TMT, as against 1443 TMT in the last year.
During FY 2010-11, the petrochemical production was 416 TMT as against 417 TMT in the last year. The polymer sales during current financial year were 420 TMT as against 410 TMT in the last year. As per consolidated financial statements, the total group sales (net of Excise Duty) were Rs. 35,107 crore. The consolidated Gross Margin was Rs. 7,065 crore, the Profit Before Tax was Rs. 5,799 crore and Group Profit After Tax was Rs. 4,021 crore.
The Earning Per Share (EPS) was Rs. 28.07 per share in the year 2010-11 as against Rs. 24.75 per share in the year 2009-10. The EPS as per consolidated statement was Rs. 31.70 per share as against Rs. 26.23 per share in the previous year.
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