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GAIL Q1 net profit jumps 91% to ₹2,915 cr

State gas utility GAIL (India) Ltd on Thursday reported a 90.5% jump in its June quarter net profit at 2,915 crore. The company had posted a net profit of 1.530 crore for the year-ago period.

The company’s revenue from operations rose 116% year-on-year to 37,572 crore in the quarter under review as against 17,387 crore for the same quarter last fiscal.

On Thursday, shares of GAIL were trading 1.14% lower at 139.20 apiece on the NSE during noon deals.

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