GAIL Q1 net profit falls 23.18% to Rs 1,025.64 crore in Q1

GAIL (India) posted 23.18 per cent fall in net profit for the quarter ended June 30.

For the quarter under review, the company reported a standalone net profit of Rs 1,025.64 crore compared with Rs 1335.18 crore in the same period last year.

Total standalone revenue for the quarter came in at Rs 11,406.47 crore, up 6.74 percent YOY from Rs 10,686.58 crore in the year-ago quarter.

Income from operations stood at Rs 11,406.47 crore, up 6.54 per cent compared to the income of year-ago quarter of Rs 10706.71 crore.

GAIL (India) reported an operating profit of Rs 1,554.27 crore for the quarter ended June compared with Rs 1,257.84 crore a year earlier.