GAIL (India) has reported results for first quarter ended June 30, 2018.
The company has reported 22.78% rise in its net profit at Rs 1,259.25 crore for the quarter under review as compared to Rs 1,025.64 crore for the same quarter in the previous year. Total income of the company increased by 49.04% at Rs 17,418.20 crore for Q1FY19 as compared Rs 11,686.64 crore for the corresponding quarter previous year.
GAIL India is India’s principal Natural Gas Company with activities ranging from Gas Transmission and Marketing to Processing (for fractionating LPG, Propane, SBP Solvent and Pentane); transmission of Liquefied Petroleum Gas (LPG); production and marketing of Petrochemicals like HDPE and LLDPE and leasing bandwidth in Telecommunications.
