Below are the financial statements of Gail (India), including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of INR | 2024 | 2023 |
|---|---|---|
| Income | — | — |
| Revenue from operation | 1,335a | 1,458.75a |
| Other income | 10.08a | 13.28a |
| Total income | 1,345.07a | 1,472.04a |
| Expenses | — | — |
| Cost of materials consumed | -73.25a | -68.6a |
| Excise duty | -2.71a | -2.07a |
| Purchase of stock in trade | -1,006.7a | -1,239.64a |
| Changes in inventories of finished goods, stock in trade and work in progress | -0.41a | -19.93a |
| Employee benefits expense | -22.74a | -18.46a |
| Finance costs | -7.19a | -3.65a |
| Depreciation and amortization expense | -36.72a | -27.02a |
| Other expenses | -87.04a | -75.05a |
| Total expenses | -1,235.94a | -1,414.55a |
| Profit (loss) before share of profit (loss) of associate and joint ventures, and tax | 109.13a | 57.48a |
| Share of profit (loss) in JV's/associates for the year | 16.82a | 15.08a |
| Profit (loss) before tax | 125.95a | 72.56a |
| Tax expense | — | — |
| Current tax | — | — |
| Current year | -26.83a | -13.56a |
| Earlier year | -0.02a | -0.52a |
| Deferred tax | -0.12a | -3.57a |
| Total tax expenses | -26.92a | -16.6a |
| Profit for the year | 99.03a | 55.96a |
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