State-owned gas transportation company, GAIL (India) Ltd reported a first quarter net profit of Rs886.9 crore compared to Rs655.9 crore for the same quarter last year. During the June 2010 quarter, its total revenue increased to Rs7,163.5 crore from Rs6,119 crore.
On Monday, GAIL shares rose 2% to Rs447 on the Bombay Stock Exchange, while the Sensex closed 1.2% higher at 18,081 points.
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