Gail (India) has reported results for third quarter ended December 31, 2015.
The company has reported 9.96% rise in its net profit at Rs 664.26 crore for the quarter ended December 31, 2015 as compared to Rs 604.08 crore for the same quarter in the previous year. However, the company’s total income has decreased by 9.27% to Rs 13708.49 crore for the quarter under review from Rs 15109.70 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.