Annual Report 2014-2015 of GAIL (India) Limited

It is a broadly described annual report of GAIL (India) Limited in the year of 2014-2015. The Company has contributed over Rs. 5,788 Crores in 2014-15 to the exchequer through dividend, duties, taxes, and others, as compared to Rs. 6,993 Crores in 2013-14. During the financial year, The Company’s turnover for the year (net of excise duty) was Rs. 56, 569 Crore compared to Rs. 57, 245 Crore in the previous fiscal period. Profit before Tax (PBT) for the year was Rs. 4,284 Crore against Rs. 6,402 Crore, whereas Profit after Tax (PAT) clocked Rs. 3,039 Crore against Rs. 4,375 Crore of the previous fiscal year. During the year, foreign exchange earnings were Rs. 644.49 Crores and foreign currency outgo were Rs. 8088.49 Crores.

The Board of Directors of The Company had earlier approved payment of an interim dividend @ 30% (Rs.3/- per equity share) on equity share of Rs.10 each amounting to Rs. 380.54 Crores, which was paid in March 2015. Further, the Board has recommended payment of final dividend @ 30% (Rs.3/- per equity share) on equity share of Rs.10 each for 2014-15 amounting to Rs. 380.54 Crores.

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