GAIL Reports 75% Surge in Profit Before Tax for FY 2023-24

29 Aug 2024 CW Team

GAIL (India) Limited reported a 75% increase in its Profit Before Tax (PBT) for FY 2023-24, reaching ₹115.55 billion, up from ₹65.84 billion last year. Chairman and Managing Director Sandeep Kumar Gupta shared this update at the company's 40th Annual General Meeting (AGM).

Profit After Tax (PAT) also rose significantly by 67%, reaching ₹88.36 billion, despite a decrease in revenue from operations, which fell to ₹

1306.38 billion from ₹1443.02 billion in the previous year.

The company is making notable progress in infrastructure, extending its pipeline network by about 3,400 km to complete the National Gas Grid, with the total infrastructure now at 16,271 km.

GAIL is securing future gas supplies through long-term LNG agreements, including deals with Vitol Asia Pte Ltd, ADNOC Gas, and Qatar Energy LNG. It has also installed India's first MW-scale Green Hydrogen electrolyser in Vijaipur, Madhya Pradesh, aiming for a Net Zero target by 2035.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..