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GAIL Q4 net up two-fold to Rs1,098 crore

GAIL Q4 net up two-fold to Rs1,098 crore
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First Published: Tue, May 13 2008. 03 31 PM IST
Updated: Tue, May 13 2008. 03 31 PM IST
PTI
New Delhi: State-run GAIL India Ltd on 13 May posted a net profit before tax at Rs1,098 crore in the fourth quarter of 2007-08, against Rs546 crore for the corresponding period in 2006-07.
The profit before tax during the year 2007-08 rose 35% to Rs3,855 crore from Rs2,860 crore in 2006-07.
GAIL also said it plans to invest Rs3,413 crore during financial year 2008-09 in pipeline project, petroleum chemicals, business development, projects related to telecom, and city gas among others.
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First Published: Tue, May 13 2008. 03 31 PM IST