GAIL’s net profit for the June quarter rose 15%, year-on-year
to 1,134 crore. Sales also grew 25% to Rs 11,088 crore, YoY. Shares of the
company rose 2.89% to Rs 354.65 post the result announcement.
The company said it contributed Rs 700 crore to oil
companies as against Rs 682 crore, YoY.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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