Page 42 - Sept-2020-Issue

Hon’ble Prime Minister and His Mauritian

Counterpart Jointly e-Inaugurate New Supreme

Court Building in Port-Louis Built by NBCC

on’ble Prime Minister, Mr.
Narendra Modi and Mr. P.
HK. Jugnauth, Hon’ble Prime
Minister of Mauritius, jointly e-in-
augurated the New Supreme Court
Building in Port-Louis (Mauritius)
executed by NBCC (India) Ltd. The
3-storey state-of-the-art building,
implemented under Govt. of India
Grant Assistance, flaunts a modern
design and green features with a fo-
cus on thermal and sound insulation
and high energy efficiency. Built at a
cost of 30 million USD, NBCC com-
Mr. Narendra Modi, Prime Minister of India and Mr. P. K. Jugnauth, Prime Minister of pleted the project within scheduled
Mauritius jointly e-inaugurating New Supreme Court Building in Port-Louis (Mauritius)
executed by NBCC (India) Ltd. time of 24 months.

GAIL Reports Turnover of Rs. 12,060 Cr.;

PAT of Rs. 256 Cr. in Q1 FY21

AIL (India) Limited re- Hydrocarbons and Natural Gas. stood at Rs. 654 crore as against
corded a turnover of During the quarter, Natural Gas Rs. 1,502 crore in Q1 FY20.
GRs. 12,060 crore, profit be- transmission and marketing vol- Mr. Manoj Jain, CMD, GAIL said
fore tax (PBT) of Rs. 356 crore and ume stood at 90.22 MMSCMD that with gradual relaxation of
profit after tax (PAT) of Rs. 256 and 81.16 MMSCMD as against lockdown and increase in eco-
crore for the Q1 FY21 as against 105.41 MMSCMD and 96.55 nomic activities, the physical
Rs. 18,276 crore, Rs. 1,981 crore MMSCMD respectively in Q1 performance of the company has
and Rs. 1,288 crore respectively FY20, petrochemical sales and picked up significantly in all seg-
in Q1 FY20. The sharp decline in liquid hydrocarbon sales stood at ments and the company is pres-
financial performance is mainly 183 TMT and 265 TMT as against ently operating at near pre-lock-
attributable to significant impact 136 TMT and 296 TMT respec- down levels. He further added
in physical performance due to tively during Q1 FY20. During the that though the Capex during the
nation-wide lockdown during quarter, the consolidated group 1st quarter was affected due to
the earlier part of the quarter turnover stood at Rs. 12,152 crore lockdown, GAIL expects to sig-
coupled with lower price real- as against Rs. 18,445 crore in nificantly improve Capex during
ization in Petrochemicals, Liquid Q1 FY20 while the groups PAT remaining quarters.

42 KaleidOscope September, 2020