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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