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Q1 Turnover rises by 25%. Net Profit rises by 15%

GAIL (India) Limited registered an increase of 25% in Turnover (net of Excise) of Rs. 11,089 crore in the 1st quarter of FY 2012-13 against Rs. 8,867crore in the corresponding previous year quarter. The Profit before Tax increased by 17% to Rs. 1,685 crore in the 1st quarter of the current financial year against Rs.  1,443 crore in the

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Relief of Rs. 1 lakh to Asiad Medalist Shanti Soundararajan

GAIL (India) Limited has offered Rs. 1 lakh in immediate Relief to Shanti Soundararajan, winner of the Asian Games Silver Medal. GAIL (India) Limited took this step following a Times of India report about the former Asian Games Medal winner having to work as a labourer. An officer of GAIL met Shanti Soundrarajan and conveyed the decision

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GAIL signs Gas Sales & Purchase Agreement for purchase of gas from Turkmenistan

GAIL (India) Limited on 23rd May, 2012 has signed a Gas Sales & Purchase Agreement (GSPA) for purchase of gas from Turkmenistan to be transported through the Turkmenistan-Afghanistan-Pakistan- India (TAPI) Pipeline. The GSPA was signed by Mr. B. C. Tripathi, CMD, GAIL and Mr.Sakhatmurad Mamedov, Chairman, National Gas Company, TurkmenGasin the presence of Shri S.

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