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GAIL has posted approx fourfold rise in net profit at Rs.1,021 crore, for the quarter ended March 31,2018.
The company in the same quarter last year, had reported a profit of Rs.260 crore. Sales of the company for the quarter under review rose 12.84% to Rs.15,430.69 crore, from Rs.13,674.09 crore in the year ago quarter.
Further, the company’s earnings before interest, tax, depreciation and amortization came in at Rs.1,695 crore and margins for the quarter came in at 11%.
