Gail (India) has reported results for its third quarter ended December 31, 2011.
The company has posted a surge of 12.79% in its net profit of Rs 1091.42 crore for the quarter ended December 31, 2011 as compared to Rs 967.63 crore for the same quarter in the previous year. Total income has increased by 31.97% from Rs 8,574.21 crore for Q3FY11 to Rs 11,315.50 crore in the quarter under review.
The company has approved payment of interim dividend of 30% or Rs 3 per equity share on the paid-up equity share capital of the company for the Financial Year 2011-12.
