GAIL India net profit surges 180% in Sept quarter
State-owned natural gas processing and distribution company GAIL India has reported a 180% year-on-year rise in its net profit, which stood at ₹924.65 crore for the quarter ended September. This comes despite GAIL posting a 15% decline in its sales to ₹12,058 crore. However, the company's revenue from petrochemical business grew 53% to ₹1,358 crore.