Annual Report 2003-2004 of GAIL (India) Limited

It is a broadly described annual report of GAIL (India) Limited in the year of 2003-2004. During the financial year, the turnover of the Company has increased to Rs. 11,942 Crores from Rs. 11,343 Crores over the previous year and Profit after Tax is Rs. 1,869 Crores as against Rs. 1,639 Crores of the previous year. The Company’s Other Income Rs. 244 Crore. Total Revenue for the year Rs. 12,225 Crore.

The Board of Directors of the company has recommended a dividend of @80% (excluding Corporate Dividend Tax) which includes final dividend of @40%. The total dividend for the year 2003-04 is @80% of the paid up Equity Share capital, as against @70% of the paid up Equity Share capital last year.

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