GAIL (India) Ltd (GAIL.NS)

GAIL.NS on National Stock Exchange of India

23 Nov 2017
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Latest Key Developments (Source: Significant Developments)

Gail (India) Sept-qtr profit from cont ops rises 42 pct
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Gail (India) Ltd ::Sept quarter profit from continuing operations 13.10 billion rupees versus profit of 9.25 billion rupees last year.Consensus forecast for Sept quarter profit was 11.15 billion rupees.Sept quarter revenue from operations 124.10 billion rupees versus 120.58 billion rupees last year.  Full Article

Man Industries India gets order worth about 9.25 bln rupees from GAIL(India) ​
Thursday, 12 Oct 2017 

Oct 12 (Reuters) - Man Industries India Ltd ::Says gets order worth about 9.25 billion rupees from GAIL (India) Ltd​.Order ‍for supply of about 1,16,000 mt. Of line pipes for its Jagdishpur-Haldia-Bokaro-Dhamra pipeline project phase II.​.Outstanding order book as on date stands at about 27 billion rupees to be executed within a period of 9 to 12 months.​.  Full Article

Gazprom, China in talks on supplies of 8 bcm of Sakhalin gas
Thursday, 8 Jun 2017 

June 8 (Reuters) - Russia's Gazprom ::In talks with China over supplying up to 8 billion cubic metres (bcm) of gas from Sakhalin, says Gazprom Export head Elena Burmistrova;.Could supply liquefied natural gas (LNG) from its third production line of the Sakhalin plant to Japan, says Gazprom Deputy CEO Alexander Medvedev;.Returns to the idea of supplying natural gas to Japan via a pipeline - Medvedev;.Expects to find solution to the issue of supplying LNG to India's GAIL by the year-end - Burmistrova..  Full Article

GAIL (India) March-quarter profit falls about 69 pct
Monday, 22 May 2017 

May 22 (Reuters) - GAIL (India) Ltd :March quarter net profit 2.60 billion rupees.March quarter total income from operations 136.74 billion rupees.GAIL (India) - net profit in March quarter last year was 8.32 billion rupees as per Ind-AS; total income from operations was 118.02 billion rupees.Says March-quarter exceptional item for provision for impairment of investment 7.88 billion rupees.GAIL (India) consensus forecast for March quarter net profit was 11.13 billion rupees.Recommended final dividend of 2.70 rupees per share.  Full Article

Gail (India) Dec-qtr profit up about 45 pct
Friday, 10 Feb 2017 

GAIL (India) Ltd : Dec quarter net profit 9.83 billion rupees . Dec quarter total income from operations 123.19 billion rupees . Consensus forecast for Dec quarter net profit was 9.73 billion rupees .Net profit in Dec quarter last year was 6.76 billion rupees as per Ind-AS; total income from operations was 135.23 billion rupees.  Full Article

IL&FS Engineering & Construction gets 1.63 bln rupees pipeline laying contract
Wednesday, 12 Oct 2016 

IL&FS Engineering & Construction Co Ltd : Says IL&FS Engineering Services bags 1.63 bln rupees pipeline laying contract .Says got contract from GAIL.  Full Article

GAIL and Bloom Energy sign MoU
Monday, 22 Aug 2016 

GAIL (India) Ltd : Gail and Bloom Energy partner to power India with clean and reliable energy . Signed a MoU with Bloom Energy to deploy natural gas-based fuel cell technology to generate electricity .  Full Article

India cabinet approves revival of defunct fertilizer units in Gorakhpur, Sindri and Barauni
Wednesday, 13 Jul 2016 

: India cabinet approves revival of defunct fertilizer units in Gorakhpur, Sindri and Barauni . Units include two closed urea units of Fertilizer Corp India at Sindri and Gorakhpur and Barauni unit of Hindustan Fertilizers Corp - India government . Fertilizers units to be revived by means of special purpose vehicle of NTPC, Coal India, Indian Oil Corp and FCIL/HFCL, via nomination route - India government . Units to serve as anchor customer for GAIL (India) Ltd's planned gas pipeline from Jagdishpur to Haldia - India government .  Full Article

GAIL India places order for line pipes for Phulpur-Haldia/ Dhamra pipeline
Wednesday, 22 Jun 2016 

GAIL (India) Ltd : Places order for 341 km of line pipes for phulpur - haldia/ dhamra pipeline; line pipes to be procured for inr 5.50 billion .  Full Article

GAIL India says co hopes to bring 55 LNG cargoes this year
Wednesday, 25 May 2016 

GAIL (India) Ltd : Exec says "this year we hope to bring 55 LNG cargoes " . Further company coverage [GAIL.NS] ((Bengaluru Newsroom; +91 80 6749 1130)).  Full Article

GAIL India to skip mid-term LNG deals for 2018 due to U.S. imports

MUMBAI GAIL (India) Ltd will skip medium-term liquefied natural gas (LNG) deals for 2018 as it starts getting supplies from its U.S. portfolio from February, its head of finance said.