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.

July 30, 2012 / 18:12 IST

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.

first published: Jul 30, 2012 03:36 pm

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