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GAIL India Q1 net drops 23% at Rs 1,026 cr

Revenue from natural gas transmission services business rose 10% to Rs 1,134 cr

Reuters 

GAIL India Q1 net drops 23% at Rs 1,026 cr

State-run gas utility GAIL (India) Ltd posted a 23 percent fall in first-quarter profit on Thursday, but beat analysts' expectations.

Profit came in at Rs 1,026 crore for the three months ended June 30, compared with Rs 1,335 crore a year earlier, the company said. 

from the company's natural gas transmission services business rose 10 percent to Rs 1,134 crore in the quarter.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Thu, August 10 2017. 17:44 IST
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