The Hindu·2 min read·medium
GAIL net profit more than doubles with enhanced profitability from natural gas marketing
T
The Hindu Bureau
✦AI Summary
GAIL reported a significant increase in net profit for the June-end quarter, reaching ₹4,292.33 crore. This growth was primarily driven by the strong performance of the company's natural gas marketing segment.
State-owned distributor Gas Authority of India Ltd. (GAIL)’s net profit in the June-end quarter more than doubled to ₹4,292.33 crore driven primarily by enhanced profitability of their natural gas marketing segment which is the major contributor to the company’s overall revenues.
businesseconomy
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