New Delhi, Nov. 8 -- GAIL (India) Limited registered a Profit after Tax (PAT) of Rs. 1,064 crore in Q2 FY20 as against Rs. 1,288 crore in the Q1 FY20. Profit Before Tax (PBT) remains at Rs. 1,535 crore in Q2 FY20 as against Rs 1,981 crore in Q1 FY20.
The improved physical performance in the current quarter helped company in maintaining its Gross Turnover at Rs. 18,010 crore as against Rs.18,276 crore in Q1 FY20. The physical performance has improved in Petrochem, LPG transmission, LHC and Gas transmission segments by 59%, 21%, 11% and 3% respectively as compared to Q1 of FY20. The market prices of Petrochemicals and LHC declined by 8% and 25% respectively coupled with lower gas prices in international market which adversely impacted the pr...