Gail India Q2 result on Oct 17

Gail India Q2 result on Oct 17


Gail India informed that a meeting of the board of directors of the company will be held on Oct., 2007, to consider, the un-audited financial results for the quarter / half year ended on Sep 30, 2007 (Q2).

>Gail (India) has reported a steady Growth in net profits for the quarter ended in June 2007. During the quarter, the company saw a 15.73% rise in profits to Rs 6852.20 million from Rs 5920.80 million in the same quarter last year.

Sales for the quarter rose 4.10% to Rs 42456.80 million compared with the corresponding quarter, a year ago.

Shares of the company fell Rs 7.80, or 1.97%, at Rs 388.45 (4:13 p.m., Wednesday). Total volume of shares traded at the BSE was 898,484.

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