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GAIL (India) has posted 180% YoY rise in net profit for Q2

GAIL (India) has posted around 180 percent increase in net profit at Rs 924.65 crore for the quarter ended September 30, 2016 as compared to Rs 330.42 crore of corresponding quarter previous year.

The total income from operations decreased 15.30 percent year-on-year to Rs 12,058.22 crore during the quarter under review as compared to Rs 14,240.43 crore reported for the same quarter of previous year.

The total expenditure has jumped to Rs 10,879.79 crore in Q2 of FY 17 from over Rs 13,731.28 crore in Q2 of FY16.

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