Gail (India) has reported results for first quarter ended June 30, 2015.
The company has reported a fall of 31.75% in its net profit at Rs 424.14 crore for the quarter ended June 30, 2015 as compared to Rs 621.44 crore for the same quarter in the previous year. The company’s total income has decreased by 6.65% to Rs 12643.86 crore for the quarter under review, from Rs 13544.66 crore for the corresponding quarter of the 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.