Gail (India) has reported results for second quarter ended September 30, 2015.
The company has reported 66.19% fall in its net profit at Rs 440.51 crore for the quarter ended September 30, 2015 as compared to Rs 1302.90 crore for the same quarter in the previous year. However, the company’s total income has increased by 0.33% to Rs 14466.68 crore for the quarter under review from Rs 14418.53 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.