GAIL reports 53 per cent drop in Q4 profit at Rs 510.75 crore
"The oil and gas sector is passing through an unprecedented situation and gas situation in the country has reflection on our financial accounts," GAIL Chairman and Managing Director B C Tripathi told reporters in the national capital.
New Delhi Last Updated: May 28, 2015 | 08:40 IST
While domestic gas output was down by 4.5 million standard cubic meters per day, there was a Rs 450 crore hit that the company took due to reduction in transmission tarif set by regulator PNGRB. (Photo: Reuters)