GAIL Q2 Results: Net profit up 10% Rs 2,690 crore

GAIL Q2 Results: State-owned GAIL (India) Ltd connected Tuesday reported 10 per cent emergence successful September 4th nett net aft an summation successful net from state transmission concern and turnaround successful petrochemical concern neutralised autumn successful selling margin.

Consolidated nett net of Rs 2,689.67 crore successful July-September FY25 compared with Rs 2,442.18 crore successful the aforesaid play a twelvemonth ago, according to a banal speech filing by the company.

India's biggest earthy state transmission and selling steadfast reported astir level gross from operations astatine Rs 33,981.33 crore.

Pre-tax net from state transmission concern was up 8 per cent to Rs 1,402.81 crore. The petchem concern clocked an earning of Rs 146.19 crore arsenic against a nonaccomplishment of Rs 160.94 crore successful the year-ago period.

However, net from selling concern were down 27 per cent astatine Rs 1,253.64 crore.

Natural state transmission measurement stood astatine 13.63 cardinal modular cubic metres per time successful Q2 portion state selling measurement was 96.60 mmscmd, the steadfast said successful a statement.

GAIL Chairman and Managing Director Sandeep Kumar Gupta said the petrochemical conception is expected to beryllium reasonably profitable successful FY2024-25.

The institution logged a capex of Rs 1,885 crore during the quarter, chiefly connected pipeline and petrochemicals, taking cumulative capex up to September 30 to Rs 3,544 crore.