Annual Report 2007-2008 of GAIL (India) Limited

It is a broadly described annual report of GAIL (India) Limited in the year of 2007-2008. During the financial year, The Company’s Turnover (Net of ED) Rs. 18,008 Crore. Other Income Rs. 556 Crore. Cost of Sales (excluding Interest and Depreciation and including extraordinary items) Rs. 14,058 Crore. Profit before Tax Rs. 3,855 Crore. Profit after Tax for the year Rs. 2,601 Crore. During the year, foreign exchange earnings were Rs. 6.87 Crores. Expenditure in foreign currency was Rs. 702.63 Crores.

The Board of Directors of the Company had earlier approved payment of an interim dividend @ 40% per equity share (Rs. 4/- per equity share of Rs. 10/- each) amounting to Rs. 338.26 Crores, which has since been paid to the members of the Company.

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