NEWS
Back to Feed
Business

GAIL's quarterly profit more than doubles on gas marketing boost

State-owned GAIL more than doubled its September-quarter net profit to ₹4,650.22 crore, driven by its natural gas marketing business, whose pre-tax profit jumped over 2.5 times to ₹3,284.3 crore. Revenue from operations rose 31.2% to ₹45,924 crore. Gas transmission volumes stood at 130.1 MMSCMD, and the company expects around 126-127 MMSCMD on average in FY27.

GAIL's quarterly profit more than doubles on gas marketing boost

This summary is based on reporting by The Hindu.

Read the full story at The Hindu