BusinessPhoto: Hindu BusinessGAIL Profit More Than Doubles on Strong Gas Marketing Performance
State-owned Gas Authority of India Ltd (GAIL) more than doubled its net profit to ₹4,650.22 crore in the September quarter, driven by a sharp improvement in its natural gas marketing business. Revenue from operations rose 31.2% year-on-year to ₹45,924 crore. The natural gas marketing segment's profit before tax jumped over 2.5 times to ₹3,284.3 crore, with revenue increasing 31% to ₹41,226.04 crore. Natural gas transmission volumes stood at 130.1 MMSCMD during the quarter, with expected average volumes of 126-127 MMSCMD in FY27.
Hindu Business··New Delhi




