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October 07, 2008


GAIL India announces 2007-08 results

GAIL India Limited has announced the following audited results for the quarter & year ended March 31st 2008

The results for the January to March 2008 quarter
GAIL India has posted a net profit of INR 7223.80 million for January to March 2008 quarter up by 6.1% YoY as compared to INR 6807.30 million for January to March 2007 quarter. Total income has increased from INR 39963 million for the quarter ended March 31st 2007 to INR 50349.50 million for the quarter ended March 31st 2008.

The results for the Year ended March 31st 2008
GAIL India has posted a net profit of INR 26014.60 million for the year ended March 31st 2008 up by 8.9% YoY as compared to INR 23866.70 million for the year ended March 31st 2007. Total income has increased from INR 165921.30 million for the year ended March 31st 2007 to INR 185645.50 million for the year ended March 31st 2008.

The consolidated results for the Year ended March 31st 2008
GAIL India has posted a profit of INR 27829 million for the year ended March 31st 2008 up by 9.3% YoY as compared to INR 25453.20 million for the year ended March 31st 2007. Total income has increased from INR 171014.10 million for the year ended March 31st 2007 to INR 194113.60 million for the year ended March 31st 2008.