GAIL net profit down 7% at Rs 915.67 crore

State-owned gas utility GAIL India Ltd on Friday reported a 7% drop in net profit at Rs 915.67 crore for the July-September quarter. The firm had reported net profit of Rs 985.38 crore in July-September period of 2012-13 fiscal.

State-owned gas utility GAIL India Ltd on Friday reported a 7% drop in net profit at Rs 915.67 crore for the July-September quarter.

The firm had reported net profit of Rs 985.38 crore in July-September period of 2012-13 fiscal.

Its turnover increased from Rs 11,664.37 crore, to Rs 14,224.37 crore in Q2 of 2013-14 fiscal, the company said in a filing to stock exchanges.