Natural gas, LPG drive GAIL's Q2 profit up 19%

摘要

HIGHER subsidy outgo notwithstanding, GAIL (India) Limited's net profit for the second quarter of the current fiscal increased by 19 per cent to Rs 1,094 crore against Rs 924 crore in the corresponding period previous year. The increase in net profit was because of higher volumes from natural gas trading, petrochemical sales, better price realisation on liquid hydrocarbons and LPG business, Mr B C Tripathi, Chairman and Managing Director, GAIL said.