Annual Report 2009-2010 of GAIL (India) Limited

It is a broadly described annual report of GAIL (India) Limited in the year of 2009-2010. During the financial year, The Company registered a turnover (net of Excise Duty) of Rs. 24,996 Crores in FY 2009-10, a 5% increase, as against the net turnover of Rs. 23,898 Crores in the previous year. The other income was Rs. 541 Crores as against Rs. 797 Crores in the last year. The total income was Rs. 25,558 Crores against Rs. 24,700 Crores during last year, registering a growth of 3%. The Company achieved a Profit after Tax (PAT) of Rs. 3,140 Crores in the current financial year 2009-10 against Rs. 2,804 Crores during the previous year, with an increase of 12%. During the year, foreign exchange earnings were Rs. 5.67 Crores. Expenditure in foreign currency was Rs. 1.91335 Crores.

The Board of Directors of the Company had earlier approved payment of an intern dividend @ 20% per equity share (Rs. 2/- per equity share) amounting to Rs. 253.70 Crores paid in the month of December 2109. Further, the Board had recommended payment of final dividend @ 55% per equity share (Rs. 55/- per equity share) for the year 2009-10.

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