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GAIL's gas trading business disappoints but hopes of a pick-up persist
Strong volume growth in the natural gas trading and transmission segments to support the stock price
GAIL Q2 net profit drops 35% YoY to Rs 1,167.6 cr; stock falls over 4%
Profit before tax (PBT) for the quarter under review came in at Rs 1,706.47 crore against Rs 2,700.84 in the corresponding quarter of the previous fiscal.
GAIL Q2 profit jumps 50% on revenue from natural gas marketing business
Profit came in at Rs 19.63 billion for the three months ended Sept. 30, compared with Rs 13.10 billion a year earlier
