Jan 23, 2012 06:23 PM IST | Source:

GAIL Q3 net up 13%, plans capex of 9k cr for FY13

GAIL has announced its third quarter results. The company's Q3 net profit was down 3.4% at Rs 1,091 crore versus Rs 1094.4 crore.

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Gas Authority of India (GAIL) has posted an 13% rise in its December quarter profit to Rs 1091 crore year-on-year, partly helped by higher sales. Sales for the period also rose 35% to Rs 11260 crore. Shares of the company closed the day marginally down to Rs 369.95

During the quarter, GAIL

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