Gail (India) has reported results for third quarter ended December 31, 2014.
The company has reported a fall of 64.03% in its net profit at Rs 604.08 crore for the quarter under review as compared to Rs 1679.40 crore for the same quarter in the previous year. Moreover, total income of the company too dropped 7.00% at Rs 15109.70 crore for Q3FY15 as compared Rs 16246.71 crore for the corresponding quarter previous year.
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.
