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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


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

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