GAIL's Q2 net up 168% to Rs 2,873 cr on strong show across segments

Total income up 56% to Rs 22,056.21 crore

GAIL (India) has reported a Rs 2,872.62-crore net profit for the second quarter of financial year 2021-22. This is 168 per cent higher than the Rs 1,068.16-crore bottom line reported by the company in the same period of the previous financial year.

Total income also reported a significant rise to Rs 22,056.21 crore, up from Rs 14,104.80 crore during the comparable period.

During the quarter, the physical performance improved across all segments. Natural Gas Transmission increased to 114.32 million standard cubic metres per day (MMSCMD) in the quarter under review as against 107.66 MMSCMD in the first quarter of the current financial