Wednesday 29 January 2014

GAIL India reports 31% rise in Q3 net profit

GAIL India has reported results for third quarter ended December 31, 2013.

The company has reported 30.71% rise in its net profit at Rs 1679.40 crore for the quarter as compared to Rs 1284.86 crore for the same quarter in the previous year. Total income from operations of the company increased by 28.09% at Rs 16038.52 crore for quarter under review, as compared to Rs 12521.55 crore for the quarter ended December 31, 2012.

GAIL is India's flagship natural gas company integrating all aspects of the natural gas value chain including exploration and production, processing, transmission, distribution and marketing and related services.

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