Jul 30, 2012, 06.12 PM IST

GAIL's Q1 net up 15%, stock gains

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.

Source: Moneycontrol.com
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Moneycontrol Bureau


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.


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