Gail India has reported results for first quarter ended June 30, 2012.
On standalone basis, the company has posted a rise of 15.14% in its net profit at Rs 1133.78 crore for the quarter ended June 30, 2012 as compared to Rs 984.67 crore for the same quarter in the previous year. Total income has increased by 25.01% to Rs 11,112.00 crore for quarter under review as compared to Rs 8889.00 crore for the quarter ended June 30, 2011.
GAIL (India) is the largest natural gas transmission company in India, with interests in transmission, distribution, processing, and downstream petrochemicals. GAIL operates over 8,600 kilometres of natural gas pipeline, accounting for approximately 74% of all gas transmitted in India.
