GAIL India (CMP: Rs 143.75; MarketCap: Rs 63,831 crore) has reported numbers with a strong year-on-year growth but weak sequential margins as the natural gas transmission and the LPG segments underperformed. The company declared a final dividend of Rs 1, totalling Rs 10 per share for FY22 and, along with the buyback of 5.7 crore shares at Rs 190 each, delivered a solid shareholder return. March-quarter performance GAIL's revenue grew 73.4 percent over 4Q21 and 4.6 percent sequentially to Rs 26,962 crore....
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