GAIL (India) Limited has reported 27.89 per cent increase in net profit in the third quarter of financial year (FY) 2024-25. The net profit during the quarter stood at Rs 40.84 billion as against Rs 31.93 billion profit during the third quarter of FY 2023-24.
Besides, the revenue from operations witnessed 6.23 per cent increase from Rs 347.67 billion to Rs 369.37 billion during the October 2024- December 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.