• search

GAIL's annual subsidy burden drops by 6.4 pc

Written by: Staff
|

Mumbai, Apr 27 (UNI) State-owned gas transporter GAIL India Ltd has announced that its annual subsidy burden has come down by 6.4 per cent for the financial year 2005-06 on year-on-year (YOY) basis.

Informing the BSE, the company said as against a sum of Rs 1,137 crore as subsidy share out during 2004-05, its current year subsidy burden is Rs 1,064 crore.

However, during the fourth quarter of 2005-06, the company's subsidy share is to the tune of Rs 538 crore.

Regarding the news on stock split, the company clarified that there is neither any communication from the Ministry in this regard nor the subject matter is before the company's board.

UNI SN MJ SKB2015

For Daily Alerts
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more