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Gail India Q1 net dips 27%

Gail India Q1 net dips 27%
PTI
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First Published: Sat, Jul 25 2009. 12 38 PM IST
Updated: Sat, Jul 25 2009. 12 38 PM IST
New Delhi: State-run gas utility Gail India on Saturday reported a 26.87% decline in its net profit at Rs655.84 crore for the first quarter ended 30 June 2009, over the same period last year.
The company had a net profit of Rs896.87 crore in the same period last year, Gail India said in a filing to the Bombay Stock Exchange.
Its net sales rose to Rs6,021.42 crore during the quarter under review, against Rs5,730.71 crore in the same quarter a year earlier.
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First Published: Sat, Jul 25 2009. 12 38 PM IST