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GAIL India reports 19% increase in Q2 net profit

25 Oct 2011 Evaluate

State-owned GAIL India has reported results for the quarter ended September 30, 2011.

The company has reported 19% rise in net profit for the quarter ended September 30, 2011 at Rs 1,094 crore against Rs 924 crore in the year-ago period. The firm’s net sales for the quarter ended September 30, 2011 increased by 19.68% at Rs 9699.02 crore against Rs 8104.09 crore in the corresponding quarter last 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.

Peers
Company Name CMP
GAIL (India) 172.00
Gujarat Energy 235.40
Indraprastha Gas 143.35
Mahanagar Gas 1047.60
Adani Total Gas 594.65
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