GAIL (India) Limited has reported 10.13 per cent increase in net profit in the second quarter of financial year (FY) 2024-25. The net profit during the quarter stood at Rs 26.89 billion as against Rs 24.42 billion profit during the second quarter of FY 2023-24.
Besides, the revenue from operations witnessed 2.81 per cent increase from Rs 330.49 billion to Rs 339.81 billion during the July 2024- September 2024 period under consideration.
GAIL (India) Limited is a leading natural gas company, operating over 16,000 km pipeline network across the country. It is engaged in gas trading, transmission, liquefied petroleum gas (LPG) production and transmission, liquefied natural gas (LNG) regasification, petrochemicals, city gas distribution (CGD), exploration and production.