GAIL India today reported a 70 per cent rise in profit to Rs 774 crore during July-September 2005, compared with Rs 456 crore during the corresponding period last year. |
Turnover during the second quarter of the current year grew 17 per cent to Rs 3,601 crore against Rs 3,081 crore during the corresponding period last year. |
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Net profit during the first six months of the current year went up 58 per cent to Rs 1,258 crore, compared with Rs 795 crore during April-September 2004. |
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Turnover during the first half of the current financial year increased 16 per cent to Rs 6,889 crore, from Rs 5,955 crore during corresponding period last year. |
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Revenues from LPG and other liquid hydrocarbons, which went up 31 per cent owing to higher weighted average price and lower LPG subsidy, helped GAIL improve its performance. |
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The public sector company's gross margins during the first half of 2005-06 has shown an 18 per cent rise to Rs 2,102 crore. GAIL's natural gas transmission during second quarter of the current year showed 8 per cent growth to 76.80 million standard cubic metre per day . |
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