India’s GAIL reports financial results for Q3
The increase was attributed to the increase in gas marketing, transmission volume and liquid hydrocarbon sales by 3%, 2% and 4% respectively.
GAIL’s sales in petrochemical business also climbed by 8% year-on-year. As a result, the company’s profits stood at INR1.3 billion ($19.5 million) in Q3 when compared to a loss of INR1.6 billion ($24 million) from a year earlier.
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