GAIL has reported results for second quarter ended September 30, 2016.  

The company has reported around three fold jump in its net profit at Rs 924.65 crore for the quarter under review as compared to Rs 330.42 crore for the same quarter in the previous year. Total income of the company decreased by 15% at Rs 12375.09 crore for the quarter under review as compared Rs 14558.58 crore for the corresponding quarter previous year.

GAIL (India) is Indias principal Natural Gas Company with activities ranging from Gas Transmission and Marketing to Processing (for fractionating LPG, Propane, SBP Solvent and Pentane); transmission of Liquefied Petroleum Gas (LPG); production and marketing of Petrochemicals like HDPE and LLDPE and leasing bandwidth in Telecommunications.