GAIL (India) Limited CC-Jun24.pdf · 2024-07-31
So, my query is basically on segment gas marketing. You have thrown some light on it. But if we compare quarter -to-quarter, we are not able to foresee what would be your profitability in that. Can you give us some guidance on how to calculate going ahead about your purchases in this gas marketing? Is it long -term basis or is it spot which you import or is it linked with the international prices when you purchase it and how is it done, sir? If you could give us a little idea so that we can calculate because what we see..
Yes, that you have already given sir. Just let me continue on this sir. So, there is so much variation. So, is the international prices linked to what you import gas from US and other places? Is it on a long term basis that you have a contract and how is the price determined sir? The reason behind it is I'm an investor. I just want to understand the business of how it is done, what is the profitability that comes because every time a quarter result comes, the figures are so vari ant. I can give you examples like quarter one and quarter two, I mean Quarter 4, you had Rs. 1600 crores profit reflecting in that. And in quarter 1, we are having Rs. 2285 crores profit reflecting in this. Now, how is this worked out, sir? Because we are not able to see it through. Even if you compare it year-on-year, we are not able to see through. How is this calculated? I mean, at least some idea if we get, how is the company performing? Before you give out t he results, if we could be able to do that, it would do well, sir. Because the company is good. You're doing a very nice job. But we are not able to understand the business exactly how this is done. So, if you could throw some color on it to really help us.