GAIL Q3 net profit after tax up 10% to ₹664 cr
Gas Authority of India Limited (GAIL) on Tuesday reported a 10% jump in net profit after tax to ₹664 crore for the quarter ended December, on account of a rise in margins and exemption from payment of fuel subsidy. However, the country’s biggest state-owned natural gas processing and distribution company witnessed a 5% decline in turnover to ₹13,380 crore.