Annual (Director’s) Report 2011-2012 of GAIL (India) Limited

It is a broadly described annual (director’s) report of GAIL (India) Limited in the year of 2011-2012. The Company has contributed over Rs. 5,560 crores to the exchequer by way of duties, taxes, etc as compared to Rs. 4.440 Crores in 2010-11. During the financial year, The Company’s Income from operations (Net of ED) Rs. 40,281 Crores. Other Income Rs. 549 Crore. Profit before tax Rs. 5,340 Crores. Profit after Tax for the year Rs. 3,654 Crores.

The Board of Directors of The Company has earlier approved the payment of an interim dividend @30%onequityshare of Rs. 10 each(Rs.3/- per equity share) amounting to Rs. 381 core which was paid in the month of January 2012. Further, the Board has recommended the payment of final dividend @57% on equity share of Rs. 10 each (Rs. 5.70/- per equity share) for the year 2011-12.

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